When addressing the South Carolina Freedom Summit, Donald Trump made bold claims that he would impose a 35 per cent tariff on multinational corporations that look to outsource offshore, in order to prevent American business going to China and elsewhere.
These claims come as a surprise considering Trump’s extensive business background. It is likely that Trump is trying to garner support after Obama’s unpopular decision to push through the Trans-Pacific Partnership trade deal with Asia.
Trump told his audience: “China is ripping us off and abusing us because we have leaders that don’t know what they’re doing, and the new trade pact is a disaster because they don’t talk about currency manipulation.”
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