REPORT: White House says Trump’s China trade war regrets were ‘greatly misinterpreted’

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BY TEAM DML / AUGUST 25, 2019 /

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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by WASHINGTONTIMES.COM:

The White House on Sunday said President Trump regrets not raising tariffs on China even higher, hoping to clear the air after Mr. Trump said he had “second thoughts” about his approach to the trade war that’s rattled global markets and fellow leaders.

Mr. Trump also said his aides and Japan are “fairly close” to landing a trade deal at the Group of Seven meetings in France and they “don’t anticipate any problems” in striking a pact with the U.K., if Prime Minister Boris Johnson can pull off a “Brexit” from the European Union.

The article goes on to state the following:

Mr. Trump struck an upbeat tone at the outset of the weekend meetings in Biarritz, complimenting the weather and his French hosts, though tensions over his hard-charging style, posture on Iran and trade wars are simmering beneath the surface.

Before departing, the president “ordered” American companies Friday to move their business out of China and ramped up tariffs in response to levies Beijing imposed on U.S. products, causing the stock market to plummet.

Mr. Trump, who rarely expresses regrets, caused a stir when reporters asked if he had second thoughts about his approach to the dispute.

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