President Donald Trump stressed Tuesday that countries now understand the rules of the road regarding trade with the U.S. in the wake of his Asia trip.
Trump, hinting that his administration is different from those of his predecessors, explained that the “rules have changed” and that U.S. has to be “treated fairly” in trade relations with other countries.
After my tour of Asia, all Countries dealing with us on TRADE know that the rules have changed. The United States has to be treated fairly and in a reciprocal fashion. The massive TRADE deficits must go down quickly!
— Donald J. Trump (@realDonaldTrump) November 14, 2017
“We’ve explained that the United States is open for trade but we want reciprocal, we want fair trade for the United States,” Trump said during a regional summit in the Philippines. He added that the U.S. secured business deals worth an estimated $300 billion during his trip across Asia, which took him to Japan, South Korea, China, Vietnam, and the Philippines.
On his tour of Asia, the president repeatedly stressed the need for fair trade.
“We are not going to let the United States be taken advantage of anymore,” Trump asserted in Vietnam. “I am always going to put America first, the same way I expect all of you in this room to put your countries first.” The president stated that the days of “chronic trade abuses” are over.
“This is a very different administration than the U.S. has had in the past,” he said in South Korea.
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