Trump issue threat of possible retaliation at two Asian countries, China and South Korea
America's controversial President, Donald Trump is out with his laws and regulations and this time is direction is towards two Asian countries which include, China and its ally in the Korean peninsula, South Korea.
The new issue is centered on economic matters as Trump has renewed a threat to retaliate against United States two biggest trading partners in Asia, China and South Korea.
The statement backing the threat was made public by Trump when he hosted lawmakers over a meeting on trade, as he declared he is ready to put up sanctions against China and he is “considering all options” like tariffs.
According to Trump, America’s steel and aluminum industries was being brought to it knees owing to dumping.
Prior to Trump sanction statement, he had been presented with two Commerce Department reports last month and the contents of the reports was concerning alleged Chinese subsidies for steel and aluminum exports.
After two months, the possible retaliatory action to be carried out by the administration will be made known.
Trump also took a swipe at the United States ally, Seoul, as he complained that the 2012 free trade deal signed between America and South Korea was a huge disaster.
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