Trade war fears swirl as Trump vows to 'take China on' –- business live



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Via: Guardian

Rolling coverage of the latest economic and financial news 8.32am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. “It’s about time, whether it’s good for our country or bad for our country short term…..The fact is somebody had to take China on.” President Trump says his trade war with China will help in the longterm despite recession fears: “I am doing this whether it’s good or bad … somebody had to take China on” https://t.co/LKwvtZnflM pic.twitter.com/gTbcHUYr26 “This is something that had to be done. The only difference is I am doing it,” he said. “China has been ripping this country off for 25 years, for longer than that and it’s about time whether it’s good for our country or bad for our country short term. Long term it’s imperative that somebody does this.” President @realDonaldTrump: “We have to solve the problem with China.” pic.twitter.com/ElNZ6SY7hc “We’re very far from a recession…In fact, if the Fed would do its job, I think we’d have a tremendous spurt of growth, a tremendous spurt.” ….The Prime Minister was able to save a great deal of expense and effort for both the United States and Denmark by being so direct. I thank her for that and look forward to rescheduling sometime in the future! Continue reading…


Trade war fears swirl as Trump vows to 'take China on' –- business live

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