“Grab your gavel. The case is closed. Or so said Donald Trump in a tweet last night, ahead of today’s G7 summit in France, explaining what gives him power to order US companies to “start looking for an alternative to China,” as he did yesterday in an earlier tweet.
Experts believe that the president is not able to legally force American firms to leave China immediately. However, David French, the senior deputy of president says: ”it is impossible for the businesses to plan for future in such conditions. Evidently the governments’ approach will not work. Putting more tax on businesses and consumers is not the correct reaction to Chinese.”
Despite Trump’s tweet, The Chamber of Commerce of US requested from both sides to resolve the trading issues remained unsolved for so long, as soon as possible.