Connect with us

America

Trump threatens WTO pullout

Published

on

donald trump

The US Republican Presidential nominee Donald Trump on Sunday threatened to pull the US out of the World Trade Organisation (WTO) if his proposal on penalising the US companies for moving overseas is blocked.

“Meet the Press” that he, if elected President, would impose a tax on US companies that shift production overseas then sell the products back to the US,Trump said.

“If they are going to fire all their people, move their plant to Mexico, build air conditioners and think they are going to sell those air conditioners to the US, there is going to be a tax,” Trump told

The tax rate could be 15 per cent, 25 per cent or 35 per cent, and could be different for different companies, he added.

When told that such tax would not get through the WTO, Trump said he would then renegotiate “or we are going to pull out.”

“These trade deals are a disaster, Chuck. WTO is a disaster,” Trump said.

Trump reiterated his support to Britain for its exit from the Europe Union, which he said he foresaw before it happened.

Asked about his previous remarks that the US protection of other Nato members should be conditional on their financial contribution, Trump firmly stood by his position.

“We have Nato and we have many countries that are not paying for what they are supposed to be paying, which is already too little but they are not paying anyway,” he noted.

The countries Trump mentioned which have to pay for the US protection included Japan, Germany, South Korea and Saudi Arabia.

 

America

Trump confirms CIA chief met Kim Jong Un in North Korea

Published

on

Kim Jong Donald Trump

Donald Trump confirmed CIA Director Mike Pompeo met with the leader of North Korea last week.

“Mike Pompeo met with Kim Jong Un in North Korea last week. Meeting went very smoothly and a good relationship was formed, ” U.S. President Trump says in Twitter post.

He added: “Details of summit are being worked out now. Denuclearization will be a great thing for world, but also for North Korea!”

Continue Reading

America

President Trump says WTO ‘unfair to U.S.

China, which is a great economic power, is considered a Developing Nation within the World Trade Organisation.

Published

on

Donald Trump

WASHINGTON: US President Donald Trump blasted the World Trade Organization on Thursday, saying the international trade body was “unfair” to the United States while giving China “tremendous perks and advantages,” but he offered no evidence or examples to back up his claim.

“China, which is a great economic power, is considered a Developing Nation within the World Trade Organization. They therefore get tremendous perks and advantages, especially over the US Does anybody think this is fair. We were badly represented. The WTO is unfair to US,” Trump wrote on Twitter.

Continue Reading

America

President Trump suggests no deal on DACA

He also urged Republicans in charge of the Senate to “go to Nuclear Option to pass tough laws Now.”

Published

on

US-President-Trump

Washington, April 2 : US President Donald Trump suggested on Sunday that there would be no deal to legalize the status of hundreds of thousands of “Dreamers”, undocumented immigrants brought to the US as children.

“No MORE DACA DEAL!” Trump said in an emphatic tweet Sunday morning. DACA refers to the Deferred Action for Childhood Arrivals, an Obama administration program that shields Dreamers from deportation, Xinhua reported.

Trump shut it down last fall but gave lawmakers six month to come up with a permanent solution.

Though Congress has been unable to reach a consensus on the issue and stalled the progress, legal challenges to the Trump order has managed to keep DACA in place for now.

The President tweeted a claim on Sunday that Border Patrol agents can’t do their jobs properly because of “ridiculous liberal (Democrat) laws” that allow people caught for illegally staying in the country to be released while awaiting a hearing.

He also urged Republicans in charge of the Senate to “go to Nuclear Option to pass tough laws Now.”

In order to end debate and move forward to a vote on a measure or piece of legislation, Senate rules require 60 votes in the 100-member Senate. Republicans now only control 51 seats, and GOP Senate leaders have opposed Trump’s repeated call to change the longstanding rules.

Continue Reading
Advertisement

Most Popular