REPORT: White House says Trump’s China trade war regrets were ‘greatly misinterpreted’
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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.
— The Washington Times (@WashTimes) August 25, 2019
Trump regrets not raising tariffs on China higher, White House says: When President Donald Trump said on Sunday that he had second thoughts about escalating the trade war with China, he meant that he wished he had raised tariffs on Beijing even higher,… https://t.co/aYR814xoei pic.twitter.com/eBwlSYWZYX
— PMA Accountants (@PMA_Accountants) August 25, 2019
The White House doubled down on Trump’s commitment to the trade war, saying his only regrets were not raising tariffs on China even higher https://t.co/jSeMpEHyni
— The Wall Street Journal (@WSJ) August 25, 2019
— The White House (@WhiteHouse) August 25, 2019
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