U.S. President Donald Trump said that several African nations are set to reduce tariffs and are not expected to face U.S. trade measures.
On Wednesday, President Trump met with the leaders of Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal at The White House. During the meeting, Trump said the participating countries were unlikely to be subjected to U.S. tariffs.
He said that African nations had informed his administration of their plans to lower tariffs and said the U.S. treats Africa “better than China or anybody else.”
In response to a journalist’s question about potential tariffs on the attending countries, Trump stated, “I don’t think so. Not too much.”
Trump also referenced ongoing trade actions involving other nations, including Brazil, which he said had “not been good to us.” He indicated that additional tariff notifications would be released soon, including information regarding Brazil.
The President said the tariffs announced this week were based on a formula considering deficits, treatment of the U.S. over the years, and raw economic data.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of December, covering the latest developments you need to know.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of December, covering the latest developments you need to know.
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