Trump says we are involved in “stupid trade”, not “free trade”

US Secretary of Commerce Howard Lutnick breaks down the reasoning behind a plethora of prices, reacts to commercial criticism and reveals the ultimate objective for the negotiation tactics of President Donald Trump.

President Donald Trump says the United States is involved in “stupid trade”, not “free trade”.

Trump remarked on his social account of truth on Thursday after threatening to impose a 200% rate on alcoholic products from France and in other European countries, exacerbating the trade war between the American allies.

“The United States does not have free trade. We have a” stupid trade “. The whole world is tearing us away !!!” Trump wrote.

An hour before this message, Trump said: “The European Union, one of the most hostile and abusive and price authorities in the world, which has been formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% price on whiskey.”

Trump says Ireland's tax system has attracted American pharmacy, threatens to degenerate the EU trade war

Friday, President Donald Trump crosses South's lawn to climb a navy at the White House in Washington, DC. (Kayla Bartkowski / Getty Images / Getty Images)

“If this price is not immediately removed, the United States will soon place a 200% rate on all wines, champagnes and alcoholic products leaving France and other countries represented by the EU. It will be great for wine and champagne companies in the United States,” he added.

The French Minister of Commerce Laurent Saint-Martin responded on Thursday to the post of Trump, saying that the country will protect its industries.

Commerce secretary, Howard Lungick, defends Trump's price against recession fears

Commerce secretary, Howard Lunick, said that “nothing” would prevent the end of President Donald Trump's price on “Varney & Co.” Wednesday. (Samuel Corum / Sipa / Bloomberg via Getty Images / Getty Images)

Trump “launches the climbing in the trade war he has chosen to start,” said Saint-Martin in an article on X translated into English. “France remains determined to respond with the European Commission and our partners.”

The Trump administration was also engaged in comings and goings with Canada this week, a country that the president described as “one of the most tariff nations in the world”.

President Donald Trump speaks with media members on the southern lawn before climbing the navy at the White House in Washington, DC on February 28 (Reuters / Nathan Howard / Reuters)

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Canada announced on Wednesday $ 21 billion in additional rates against the United States after new prices of 25% of Trump on steel and aluminum has entered into force.

Daniella Genovese de Fox Business contributed to this report.

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