US President Donald Trump has explained why he abruptly decided to change his course on the customs plan. This was reported by Politico, UNN reports.
Details
According to Trump, the decision to suspend the duties imposed by him for 90 days was ‘from the heart’. It was adopted without consulting lawyers.
We didn't have access to lawyers... We said it from the heart. It was written from the heart, and I think it was written well.
He added that he was "watching the bond market."
I saw last night that people started to feel a little uncomfortable. The last few days everything looked pretty bleak – it seems that then it became the biggest day in the history of finance. This is a pretty significant change.
Let us remind you
Donald Trump announced the suspension of the introduction of duties for 90 days. He explained this decision by the fact that "people are a little scared, so you should be flexible."
Also, UNN reported that US President decided to increase tariffs on goods from China to 125%. He explained this decision by the "lack of respect" from the PRC.