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Trump Acknowledges That His China Policies May Mean Economic Pain for the U.S

5 monthes ago   |   By Time

President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth.
Asked if his trade war with China could tip the country into recession, Trump brushed off the idea as “irrelevant” and said it was imperative to “take China on.”
“It's about time, whether it's good for our country or bad for our country short term,” he said.
Paraphrasing a reporter's question, Trump said...
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President Trump acknowledges China policies may mean US economic pain

President Trump acknowledges China policies may mean US economic pain

5 monthes ago   |   By WLWT

The president said tariffs on China, whether or not they hurt the U.S. in the short term, are needed to address long-term problems abroad.
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