Trade
Trump takes to twitter to defend trade tariffs ahead of meeting with EU.

Donald Trump took to twitter once more to defend trade tariffs, ahead of the President’s meeting with EU commissioner, Jean-Claude Juncker.

The 45th President of the United States took to the social media platform to praise the high tariffs he had recently imposed as “the greatest”.

He tweeted:

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A few hours later, Trump once again alluded to the impending meeting over trade with the EU, which is set to take place in Washington today.

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The US administration has already introduced high tariffs to EU steel and aluminium exports, and is also currently embroiled in a trade war with China.

This latest series of tweets from Trump revealed that there is no sign of the US administration relenting on trade just yet.

Another tweet from the billionaire President read:

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Aside from an ongoing trade war and increasing pressure from EU nations, Trump is also facing mounting scrutiny domestically.

His recent summit with Russian President Putin, where he repeatedly denied Russian interference in the 2016 election despite unanimous agreement among the US intelligence agencies, prompted outrage from Democrats and Republicans unlike.

Moreover, the recent release of a recording in which Trump can be heard discussing with his lawyer a payout to Playboy model Karen McDougal two months prior to the election, despite having vehemently denied the allegations, has prompted further media controversy.

Whilst famously President Clinton was impeached for lying about an affair in 1998, Trump’s ability to get away with seemingly anything has led him to be named ‘Teflon Trump’, because nothing seems to stick.

Ultimately however, gaging whether Trump’s popularity remains resilient will be best tested by the performance of Republicans in the upcoming mid-term elections.

 

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Nicole covers emerging global economic and political events for The UK Investor Magazine. Her focus is particularly upon company news and political developments in Europe and the US.