President Trump: 'I am the chosen one' to take on China
By Jeff Mason/cdn.vox-cdn.com/uploads/chorus_image/image/65083116/1167022171.jpg.0.jpg)
WASHINGTON -- U.S. President Donald Trump on Wednesday said he was “the chosen one” to address trade imbalances with China.
President Trump told reporters his life would be easier if he had not mounted a trade war with China.
But he defended his actions and said he believed a trade deal between the world’s largest economies was still possible.
“I am the chosen one ... so I am taking on China. I’m taking on China on trade. And you know what? We’re winning,” President Trump said, claiming a title often used to refer to religious figures such Jesus and Mohammed.
President Trump acknowledged for a second consecutive day that the trade war with China could harm the U.S. economy, although he insists a recession is not on the horizon.
The nonpartisan Congressional Budget Office on Wednesday became the latest independent institution to warn about the consequences of tariffs Trump has ordered imposed against China and a host of other countries.
The CBO said changes in U.S. and foreign trade policies since January 2018 will reduce inflation-adjusted U.S. gross domestic product by 0.3 percent from what it would be otherwise in 2020.
President Trump on Tuesday told reporters he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheating Washington for decades.
China’s Foreign Ministry appeared to downplay the comments, emphasizing the need for dialogue to resolve differences on trade issues but threatened to retaliate if Washington proceeded with an $8 billion arms sale to Taiwan.
Washington on Tuesday formally announced approval of a possible sale of 66 Lockheed Martin F-16 fighter jets to Taiwan.
“I am the chosen one ... so I am taking on China. I’m taking on China on trade. And you know what? We’re winning,” President Trump said, claiming a title often used to refer to religious figures such Jesus and Mohammed.
President Trump acknowledged for a second consecutive day that the trade war with China could harm the U.S. economy, although he insists a recession is not on the horizon.
The nonpartisan Congressional Budget Office on Wednesday became the latest independent institution to warn about the consequences of tariffs Trump has ordered imposed against China and a host of other countries.
The CBO said changes in U.S. and foreign trade policies since January 2018 will reduce inflation-adjusted U.S. gross domestic product by 0.3 percent from what it would be otherwise in 2020.
President Trump on Tuesday told reporters he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheating Washington for decades.
China’s Foreign Ministry appeared to downplay the comments, emphasizing the need for dialogue to resolve differences on trade issues but threatened to retaliate if Washington proceeded with an $8 billion arms sale to Taiwan.
Washington on Tuesday formally announced approval of a possible sale of 66 Lockheed Martin F-16 fighter jets to Taiwan.
Aucun commentaire:
Enregistrer un commentaire