Trump: G7 allies 'respect' China trade war, despite warnings

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Trump: G7 allies 'respect' China trade war, despite warnings
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Trump says G7 allies 'respect the trade war' with China, despite their warnings against its global consequences.

President Donald Trump said Sunday he's not facing any pressure from his allies over the United States' trade war with China that has left markets reeling and the G7 allies concerned about a potential global recession.

Over a breakfast of scrambled eggs and sausage, Johnson congratulated Trump on"everything the American economy is achieving," but then cautioned Trump. The president also said he has the right to declare a national emergency in order to force US businesses to leave China, but doesn't have any plans at the moment. He then added that actually, the US and China are getting along"very well" right now.

He said he has no concerns about the market's reactions to his tariffs on China, and that he's been getting praise and compliments from other leaders about the American economy. Trump said it's a"very big trade deal, bigger than we've ever had with the UK," noting the UK will no longer have the EU as an"anchor around their ankle."

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