US-China tariffs, Trump optimistic. Understandings with South Korea, Thailand and Cambodia

"We're moving forward with China, we're doing well with China, I think we're going to do very well." US President Donald Trump told reporters during an event in the Roosevelt Room, West Wing of the White House, adding that he expects to reach "a very fair agreement" with Beijing, which has rejected US tariffs. "We're moving forward with China, we're doing well with China, I think we'll be fine. We are perfectly in line. I think we're going to reach a very fair agreement with China,' Trump said.

Brazilian President Luiz Inácio Lula da Silva pledged to 'defend' his country's 'sovereignty' following the US announcement of further tariffs on Brazilian products and sanctions against a judge of the South American country's Supreme Court. This is 'the sacred day of sovereignty', Lula said during an official ceremony in Brasilia. He promised to 'defend the sovereignty of the Brazilian people in the face of the measures announced by the US president', Donald Trump. Brazilian Foreign Minister Mauro Vieira, for his part, denounced the 'unacceptable interference in national sovereignty' after a meeting in Washington with US Secretary of State Marco Rubio. "I told him that the judiciary is independent in Brazil, just as it is here, and that it will not bow to external pressure," he added, speaking to the press, warning that "the Brazilian government reserves the right to respond to measures taken by the United States."

 Just before his upbeat comment on the ongoing tariffs negotiations with China, the US president he also announced on Truth a "comprehensive trade deal" with South Korea. The agreement provides for tariffs at 15% for Seoul and zero for the US, the opening of the South Korean market to American products such as "cars, trucks, agricultural products etc", 350 billion South Korean investments "controlled" by the US and "selected" by the tycoon, as well as 100 billion "of LNG or other energy products". Seoul also "agreed to invest a large sum of money for its own investments" to be announced within the next two weeks.

I am pleased to announce," the US President wrote, "that the United States of America has agreed to a comprehensive trade agreement with the Republic of Korea. The agreement calls for South Korea to pay the United States $350 billion for investments owned and controlled by the United States and selected by me, as President. South Korea will also purchase $100 billion worth of LNG and other energy products, and has also agreed to invest a large sum of money for its own investments.

This will be announced within the next two weeks, when South Korea's president, Lee Jae Myung, will visit the White House for a bilateral meeting," he added, congratulating the new president on his electoral success. "It was also agreed," Trump continued, "that South Korea will be fully open for trade with the United States and will accept American products, including cars, trucks, agricultural products, etc. We agreed on a 15 per cent tariff for South Korea. No tariff will be applied to America."