Letters to the Editor: Trump’s European Tariff Threat Proves He Doesn’t Understand the Purpose of Tariffs
6 Articles
6 Articles
Letters to the Editor: Trump’s European tariff threat proves he doesn’t understand the purpose of tariffs
'Tariffs are an economic mechanism applied to imported goods as a means of leveling a home-product playing field, such as the tariff placed on Japanese-made motorcycles to help U.S. manufacturer Harley-Davidson in the mid-1980s,' writes an L.A. Times reader.
US import tariffs on eight European countries, which were planned to be imposed on February 1 due to the dispute over Greenland, will not take effect, US President Donald Trump announced on Wednesday evening on the Truth Social social network following his meeting with NATO Secretary General Mark Rutte at the World Economic Forum in Davos.
For the time being, US President Trump is renouncing new tariffs against Europe. The price for this is explosive: Trump is linking the trade freeze directly to his claims on Greenland.
Wednesday, January 21. Ukraine is in its 1,428th day of a full-scale war provoked by Russia. Trump and Putin's envoys held talks in Switzerland on Tuesday to end the war in Ukraine.
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