Thursday, 15 August 2019

‘Longer it goes on, the stronger we get’: Trump takes on China on trade war

Trump claimed that millions of jobs have been lost and thousands of companies are shutting down in China.
Washington: President Donald Trump speaks to members of the media at the White House in Washington, Wednesday, July 24, 2019, as he departs for a short trip to Andrews Air Force Base, Md., and onto Wheeling, W.Va., for a fundraiser. AP/PTI(
US President Donald Trump has said that China is doing very poorly as a result of the trade war and the “longer it goes on, the stronger we get”. Asserting that the United States is “having a very good discussion” on a trade deal with China, Trump told reporters at the Morristown airport in New Jersey that he will speak with Chinese President Xi Jinping “very soon”.On the protests in Hong Kong which have been going on since early June, the US president said that Xi can “humanely” solve the problem so that “everybody is happy”.
“I think the longer the trade war goes on, the weaker China gets and the stronger we get. We’re taking in massive amounts of money. Billions and billions of dollars. And I think the longer it goes, the stronger we get. I have a feeling it’s going to go fairly short,” he said on Thursday.
As a result of the US China trade war, China is doing very poorly, Trump said. “The tariffs have really bitten into China. They haven’t bitten into us at all except for the reporters that want to make it look that way, but they don’t understand what’s happening,” he said.
“We’ve taken close to USD 60 billion in tariff money. The consumer has not paid for them. Now, at some point, they may have to pay something. But they understand that,” Trump asserted.He claimed that millions of jobs have been lost and thousands of companies are shutting down in China.

No comments:

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...