American President Donald trump said that the country’s economy expects an “unprecedented collapse.” This will be the case, if Trump could not be defeated in the upcoming presidential election. The White house called “keeping America great”.
While trump said that now the economy, which managed to create him, breaking all records. And there is still a lot of achievements. However, what records there is a speech, the President chose to remain silent.
It should be noted that now there is an active trade war between the US and China. First, countries are mutually increased export duties, and then States accused China to steal intellectual property. Such a glaring fact in America, answered the favourite measures – sanctions. Washington announced the termination of cooperation with the largest Chinese company on manufacture of smartphones Huawei.
The alleged meeting of the two leaders of the warring countries to be held in Osaka for the G-20 summit. And trump said that if for some reason the Chinese President will ignore the summit and aren’t, Washington will impose new duties on Chinese goods. These measures can affect the economy not only in America but on a global scale.
