Trump claims Korea’s average tariff is 4 times higher though US helps Korea in ‚so many ways‘

Trump Claims Korea's Average Tariff Is 4 Times Higher Though Us Helps Korea In 'so Many Ways'

U.S. President Donald Trump holds a copy of an executive order honoring Jocelyn Nungaray, as he addresses a joint session of Congress at the U.S. Capitol, March 04, in Washington, D.C. Reuters-Yonhap

U.S. President Donald Trump holds a replica of an govt order honoring Jocelyn Nungaray, as he addresses a joint session of Congress on the U.S. Capitol, March 04, in Washington, D.C. Reuters-Yonhap

U.S. President Donald Trump claimed Tuesday that Korea’s common tariff is 4 occasions greater than the USA‘ though America has helped the Asian ally militarily and in „so many different methods.“

Trump made the remarks in his first deal with to a joint session of Congress since he took workplace in January, as his administration is about to impose „reciprocal“ tariffs on U.S. imports which are to be pegged to buying and selling companions‘ tariffs and non-tariff boundaries.

„Numerous different nations cost us tremendously greater tariffs than we cost them. It’s totally unfair. India fees us auto tariffs greater than one hundred pc. China’s common tariff on our merchandise is twice, however we cost them,“ the president mentioned.

„Korea’s common tariff is 4 occasions greater. Consider that 4 occasions greater, and we give a lot assist militarily and so many different methods to Korea. However that is what occurs. That is occurring by good friend and foe,“ he added.

He additionally mentioned that Korea and different nations hope to take part in a pure fuel pipeline undertaking within the U.S.

„My administration can be engaged on a huge pure fuel pipeline in Alaska, among the many largest on the planet, the place Japan, Korea, and different nations need to be our associate — with trillions of {dollars} being spent by them. It can really be spectacular,“ he mentioned. (Yonhap)

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