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Trump Blasts ‘Stupid’ Trade Practices With China

Posted April 09, 2018

Under Economic Issues, International Trade Issues

(Mallory Shelbourne – The Hill)

President Trump on Monday slammed China’s trade practices as “stupid” rather than free and fair.

“When a car is sent to the United States from China, there is a Tariff to be paid of 2 1/2%. When a car is sent to China from the United States, there is a Tariff to be paid of 25%,” the president wrote on Twitter.

“Does that sound like free or fair trade. No, it sounds like STUPID TRADE — going on for years!”

Washington and Beijing have exchanged tariff threats in recent weeks. Click here to read more.