Politico reported on the lack of investment growth promised by Trump
The tariffs imposed by US President Donald Trump have not led to the surge in foreign investment that he promised. This was reported by the Politico newspaper on Sunday, May 18.
"On the contrary, economic development officials and lawmakers from several states say that the uncertainty caused by Trump's ongoing and ongoing trade wars is deterring many foreign companies from pouring money into the US market," the newspaper said.
One of the sources described the economic situation in the United States as "driving in a fog."
In addition, many companies raise prices in response to the introduction of tariffs. Businesses across the country are concerned about the White House's global trade war, the media added.
On May 11, the American leader announced a complete reset of US-Chinese relations, which took place in a friendly and productive manner. Trump praised the negotiations with China, calling them very good, and noted that he wants to see the result of the concluded "pleasant" agreements, as they will act for the benefit of the United States and China.
Переведено сервисом «Яндекс Переводчик»