US Pres. Trump: If European automakers build plants in US, then no tariffs
|In an exclusive interview with Fox Business Network, U.S. President Donald Trump said that the trade deal with China was 'coming along' and would 'probably happen.' Commenting on the Fed's policy outlook, Trump reiterated that he was hopeful that the Fed 'will not do the tightening.'
Key quotes (via Reuters)
- Asked about tariffs on Chinese goods staying in place for a period of time, says there is no snag in trade negotiations.
- US will be able to keep 25pct tariff on autos going.
- Does not want zero tariffs on cars from Europe.
- If European automakers build plants in US, then no tariffs.
- Does not like concept of breaking up tech companies like Facebook, Google, Twitter.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.