๐บ๐ธ Trump's statement: China has opened up, the EU is next
Amid the reset of relations with China, Donald Trump made a series of loud statements:
๐น "We have achieved a complete reset of relations with China"
๐น China is lifting non-tariff barriers, stopping the use of fentanyl and opening up to American business.
๐น In exchange, the US is partially reducing tariffs, but not on cars, steel, aluminum and pharmaceuticals.
๐ Trump confirmed contact with Tim Cook - "Apple will start producing a lot in the US".
๐ค A personal conversation with X.Jipin is possible as early as the end of the week.
๐ "I will not tolerate Big Pharma profiteering - drug prices will fall by 90%"
โ๏ธ The EU is called "worse than China" - pressure on Europe in the field of healthcare is expected.
๐ Without a deal, tariffs on China will rise again, but not to 145%.
๐ฎ "Many more trade deals are expected" - the Trump administration is launching an aggressive phase of global trade reformatting.