President Donald Trump hates it when other countries take advantage of America.
He never liked the terrible deal we had with China, which is why he hit them with big tariffs – and that resulted in a $30 billion windfall for the U.S.
Now, he sees the European Union trying to get away with another bad deal.
The EU gave subsidies to Airbus (a Boeing rival) so that it had access to interest rates that would be lower than they could have gotten on the free market.
Trump says these subsidies “adversely impacted the United States” and he is absolutely right!
So, he took action.
From The Blaze:
The World Trade Organization has given the United States approval to impose retaliatory tariffs on $7.5 billion worth of imports from the European Union.
That’s right, you can’t take advantage of America with Trump at the helm!
The WTO has handed him a major victory, which includes tariffs on various cheeses, along with olives, pork, coffee, pasta, and whiskey.
And the good news is, America will be seeing a little extra profit thanks to this latest round of tariffs.
The WTO made it plain in their ruling:
The U.S. had every right to hit the EU with these tariffs, because “Airbus paid a lower interest rate for the A350 than would have been available to it on the market.”
See? Trump knows a bad deal when he sees one!
And he wasn’t about to let Europe get away with it, at the expense of the American economy and its people.
This is one of the big reasons we elected Donald Trump: his savvy business expertise.
THIS is what we needed in the White House; a leader who not only looks out for his country’s citizens, but a master negotiator!
If you love what businessman Trump is doing for America, SHARE this great news!
Source: The Blaze