Trump tweeted that despite the new round of tariffs that went into effect Friday, there is “no need to rush” negotiations with Beijing
President Donald Trump on Friday sought to ease concerns about his administration’s failure so far to reach a trade deal with China, writing on Twitter that despite a new round of tariffs that went into effect overnight, there is “no need to rush” negotiations with Beijing.
Talks between Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are set to continue Friday as they work to break the logjam that has resulted in a tit-for-tat tariff war with Beijing that has escalated over the last year. Trump, though, signaled that he is perfectly happy to impose tariffs as long as Beijing refuses to accede to his administration's demands.
He said that his administration would offer support for U.S. farmers whose businesses have been crippled by Trump’s trade war with China, proclaiming that the government “will buy … agricultural products from our Great Farmers, in larger amounts than China ever did, and ship it to poor & starving countries in the form of humanitarian assistance.”
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