Fair enough: Trump's trade war has begun. The Kellner Foundation refused a half-billion gift for Motol
USA threatened by rising consumer prices, after tariffs on Mexico and USA started
The long-awaited tariffs of President Donald Trump against Canada and Mexico finally came into effect on Tuesday, which unnerved world markets and prepared costly retaliatory measures from the North American allies of the United States. Starting shortly after midnight, imports from Canada and Mexico will now be taxed at 25%, with Canadian energy products being taxed at a 10% rate. In addition, the 10% tariff that Trump imposed on Chinese imports in February is doubling to 20%.
In response to this, Canadian Prime Minister Justin Trudeau stated that his country will impose tariffs on US goods worth more than 100 billion dollars within 21 days. Mexico and China did not immediately specify any retaliatory measures. The steps of the American President raised fears of higher inflation and the prospect of a devastating trade war, even though he promised the American public that import taxes are the easiest way to national prosperity. He expressed a willingness to resist warnings from mainstream economists, wrote AP agency.
The Kellner Foundation halts planned funding for Motol
Due to the corruption scandal surrounding Prague's Motol Hospital, The Kellner Foundation announced that it will not donate the planned 500 million crowns for the construction of the oncology center.
"The Kellner Family Foundation still has the will to support the emergence of this unique project and if the situation regarding the construction of the Motol oncology center clears up, it is ready to resume interrupted cooperation. It still applies that all steps are taken in cooperation with the Ministry of Health as the founder of the Motol oncology center project, which has already been informed about our procedure and has full understanding of it,"
spokesperson of the foundation Michal Kříž according to ČTK.
