Donald Trump has claimed America's escalating trade war with China will benefit "poor and starving countries". He said the US expected to collect $100bn (£77bn) from the new tariffs and would buy “agricultural products from our great farmers, in larger amounts than China ever did, and ship
1 / 2Donald Trump has claimed America's escalating trade war with China will benefit"poor and starving countries". He said the US expected to collect $100bn from the new tariffs and would 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”.
Mr Trump has insisted that China would pay the tariffs, not American consumers, however prices have risen on a number of products as US businesses shoulder the costs. In a flurry of early morning tweets on Friday – the first of which were deleted and then tweeted again half an hour later – the president said talks with China were continuing in a"very congenial manner" but added there was"absolutely no need to rush".
"This is not the Obama Administration, or the Administration of Sleepy Joe, who let China get away with 'murder!'," he posted, using the nickname he has given the 2020 Democratic frontrunner, Joe Biden.
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