Tuesday, August 27, 2019

WH clarifies on trade regrets: Pres. Trump meant China tariffs ought to be higher

White House Press Secretary Stephanie Grisham was fast to clarify the US President Trump’s comments within the Washington Post (WaPo) interview, expression that the media misinterpreted Trump’s initial remarks, Bloomberg reports.



Trump aforementioned that he had second thoughts concerning the China trade war increase.

Grisham said: "The president was asked if he had ‘any rethink on escalating the trade war with China.’ His answer has been greatly misinterpreted. President Trump responded within the affirmative - as a result of he regrets not raising the tariffs higher.” 

Trump on Fri proclaimed he would hike existing tariffs applied to concerning $250 billion in Chinese product, to half-hour from twenty fifth from October. 1. He conjointly aforementioned a brand new spherical of tariffs on $300 billion in product are taxed at V-day from 100 percent.

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