Trump Talks ‘One Stop Shopping’ for Deals on Tariffs
Presidents of South Korea, US, and China Han Duck-Soo, Donald Trump, and Xi Jinping (Image credit X.com)
White House Says 104% Tariffs on China on Track
By TRH News Desk
New Delhi, April 8: US President Donald Trump said that ‘One Stop Shopping’ is a template for nations to negotiate tariffs with him. Reports said that the 50 per cent additional tariffs on China will come in force from Wednesday.
Trump in a post on his social media platform Truth Social said that top officials of South Korea are airborne to arrive in Washington to negotiate tariffs and many more items.
“I just had a great call with the Acting President of South Korea (Han Duck-Soo). We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG, their joint venture in an Alaska Pipeline, and payment for the big time Military Protection we provide to South Korea,’ said Trump.
The US President also said that the top team of South Korea is on a “plane heading to the U.S., and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States.”
“Like with South Korea, we are bringing up other subjects that are not covered by Trade and Tariffs and getting them negotiated also. ONE STOP SHOPPING is a beautiful and efficient process,” added Trump.
With South Korea, Trump will negotiate resumption of payments for military support. Incidentally, China, South Korea, and Japan held another meeting in the bid to forge an alliance to deal with tariffs announced by Trump.
Reports quoted the White House stating that additional 50 per cent tariffs on China will be implemented from Wednesday. Cumulatively, the US tariffs on China will become 104 per cent.
“China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen,” added Trump.
But China has said that it will fight the US any kind of war to the finish. Chinese officials have asserted that Beijing remains the sole bulwark against the US “blackmailing” on tariffs. Trump gave a deadline till Wednesday for China to withdraw 34 per cent retaliatory tariffs.
China also released a video of Ronald Reagen, former US President, in which he says that tariffs shut down companies in the country. Trump claims that 50 countries have sought to negotiate tariffs with him.
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