Will Trump free the bribe of foreign officials?!
US media reported that the US preside will reduce the rules against US businessmen by signing the executive order.
US Preside Donald Trump threatened to impose a 5 % tariff on steel and aluminum imports by US businessmen earlier on Sunday.
According to the Financial Times, Trump’s threats have led to an unprecedeed increase in copper, steel and aluminum prices.
“Trump’s expanding tariffs have created an unusual price gap, with New York Co -Copper Insurance premiums increased to more than $ 5 per tonne compared to London prices. It is from the minimum of the year. “Copper Copper rose 5 perce on Monday and was slightly more than $ 5,000 per tonne.”
Tom Price, an economic analyst, told the Financial Times that high US premiums reflect a “distorted” market, which reflects fear of “supply decline” rather than the usual reason to increase demand.
“The United States cannot turn to any other source in the short term,” he said. Buyers compete there to get metal. ”
However, in addition to signing an executive order to impose a 5 % tariff on steel and aluminum imports, Trump will reduce the laws imposed by US businessmen by signing another executive order.
According to Trump, the law puts “US companies in the area”.
Bloomberg reports that Trump will order US Attorney General Pam Bondi to stop actions taken under the Act uil new enforceme guidelines are issued. All curre and past measures will also be reviewed.
The law prohibits US -based company or person from paying money or preseing gifts to foreign officials as a way to business abroad. In his first presidency, Trump examined the effort to abolish the law.
“US companies are harmed by excessive implemeation of foreign corruption law because they are banned from participating in iernational competitors and creating rugged play,” the US preside told foreign officials.
The end of the message
(Tagstotranslate) Donald Trump (T) America (T) Tariff (T) Economic War
