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New Status Quo: Rubio commented on trade wars

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The State Secretary said the US administration was not satisfied with the current trading status quo, because the states would “reboot the base line.” Later, trading agreements may be completed again.

The United States will introduce Customs’ tariffs on major trading partners. After that, Washington could start bilateral negotiations with countries to end new trade agreements. On Sunday, March 16, State Secretary Marco Rubio, CNN said.

“We will set tariffs for the countries they imposed on us are not against Canada is not against Mexico, it is not against the EU,” Rubio said.

“And then, based on the new major line of justice and reward, we can participate in bilateral negotiations in countries under new trade agreements that will make sense for both parties,” he added.

The Secretary of State noted that the Trump administration first “establish a new status quo, and then we can agree with something if they wish.”

Earlier, the European Union accepted countermeasures against new US tariffs for metals. In particular, the EU will introduce its own duties to American goods worth 26 billion euros.

Tariff wars. Trump against the whole world

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Source: korrespondent

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