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White House shares Trump’s only regret over trade war with China
NY Post ^ | August 25, 2019 | Mark Moore

Posted on 08/25/2019 8:31:27 AM PDT by COUNTrecount

The White House on Sunday said the only regret President Trump has about the escalating trade war with China is not jacking up tariffs even higher, clarifying comments the president made earlier during a meeting with world leaders in France.

?”This morning in the bilat with the UK, the President was asked if he had ‘any second thought on escalating the trade war with China?.’ His answer has been greatly misinterpreted. President Trump responded in the affirmative – because he regrets not raising the tariffs higher?,” White House press secretary Stephanie Grisham said ? ?in a statement. ?

?Trump in a meeting with British Prime Minister Boris Johnson was asked if he had any “second thoughts” about the tit-for-tat tariff war with Beijing that ?some have warned could create a global economic slowdown.

?”Yeah, sure. Why not,” the president told reporters at the G-7 summit in Biarritz, France, where he met with Johnson over breakfast. ?

“Might as well. Might as well. I have second thoughts about everything,” ?Trump said.

The commander-in-chief also dismissed reports that allies had been pressuring him to ease up in the trade war between Washington and Beijing to avert a possible global recession.

“I think they respect the trade war. China has been, I can only speak for the United States — I can’t say what they’ve been doing to the UK and to other places ?- but from the standpoint of the United States, what [China] has done is outrageous?,” Trump said. “So the answer is nobody’s told me that. Nobody would tell me that.?”

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events
KEYWORDS: 4dchess; potus; trump; trumpregrets

1 posted on 08/25/2019 8:31:27 AM PDT by COUNTrecount
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To: COUNTrecount

People act as if tariffs are new for the USA. We lived off them “in the beginning”.


2 posted on 08/25/2019 8:44:24 AM PDT by Sacajaweau
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To: COUNTrecount
Trump will be blamed for a global recession if he continues his trade war with China, says Boris Johnson

Johnson warned Trump that his trade war was "not the way to proceed," and risked pushing the global economy into a downturn.

3 posted on 08/25/2019 9:01:44 AM PDT by Berlin_Freeper
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To: COUNTrecount

America’s european allies will regret allying themselves with America.


4 posted on 08/25/2019 10:16:37 AM PDT by granada
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To: granada

“America’s european allies will regret allying themselves with America.”

Because they have such great regrets after World War I and World War II? Any more doom and gloom that you want to share before you move to China?


5 posted on 08/25/2019 10:22:18 AM PDT by wildcard_redneck (Freeper formerly known as WMarshal.......)
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To: COUNTrecount
The numbers hear are tiny. For example a 10% tariff on $300B is $30B ANNUALLY or $2.5B/month . Compared to the USA's $22T economy it is nothing really. This is why I don't understand the breast heaving info babes swooning about a "war" on Fox. Its not a war, it is not even skirmish.
6 posted on 08/25/2019 10:25:02 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Berlin_Freeper

The numbers involved at so tiny this so called war doesn’t even move the needle.


7 posted on 08/25/2019 10:25:54 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: granada

I regret that you are my countrymen.


8 posted on 08/25/2019 10:26:53 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: COUNTrecount

If you represent the economy where one sheet of copier paper was a billion then the US economy would be a stack of copier paper 22,000 sheets high. That would be 44 packs of 500 sheets paper around 8 feet high. The $30B tariff would be 30 sheets.


9 posted on 08/25/2019 10:30:56 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Berlin_Freeper

I ignore Business Insider.


10 posted on 08/25/2019 10:38:01 AM PDT by Maris Crane
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To: central_va

Lol. You are so loyal to the French.


11 posted on 08/25/2019 10:49:09 AM PDT by granada
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To: Berlin_Freeper

That’s just the thing....it’s not “Trump’s Trade War.”

The Chinese have been fighting that trade war for 25 - 30 years. Finally, we have a president who wants to fight back.

I remember when President Trump visited China early in his presidency.

He was speaking before a group of Chinese businessmen and dignitaries and he told them that China has been taking advantage of America for years.

The president added, “I don’t blame China for this. I blame past American leaders” (or words to that effect).

The Chinese in attendance politely applauded.


12 posted on 08/25/2019 10:50:33 AM PDT by july4thfreedomfoundation (Ban liberals, NOT guns.)
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To: wildcard_redneck

Are you an Europhile? Yeah, Europeans are glad to regard America as ally.......when the President is a Democrat.


13 posted on 08/25/2019 10:58:27 AM PDT by granada
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To: granada

You forgot your sarc tags

America’s european allies will regret allying themselves with America.

Donald J. Trump

@realDonaldTrump

The question I was asked most today by fellow World Leaders, who think the USA is doing so well and is stronger than ever before, happens to be, “Mr. President, why does the American media hate your Country so much? Why are they rooting for it to fail?”

Donald J. Trump

@realDonaldTrump
·
12h

Such False and Inaccurate reporting thus far on the G-7. The Fake News knows this but they can’t help themselves! Leaving now to have breakfast with Boris J.

Donald J. Trump

@realDonaldTrump
·
12h

....bad Economic times, the worse the better, anything to make my Election more difficult to win. Well, we are having very good meetings, the Leaders are getting along very well, and our Country, economically, is doing great - the talk of the world!


14 posted on 08/25/2019 11:14:39 AM PDT by COUNTrecount (If only Harvey Weinstein's bathrobe could talk.)
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To: COUNTrecount

This latest tit for tat between china and Trump drove the stock prices down. My AMD went from about $34 to $28+
I expect it to go back up. I just hope both will stop with the tariffs for a while.


15 posted on 08/25/2019 12:41:55 PM PDT by minnesota_bound
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To: minnesota_bound

OMG!!! Not the STOCK prices?!!!


16 posted on 08/25/2019 1:01:45 PM PDT by Hugh the Scot (I won`t be wronged. I won`t be insulted. I won`t be laid a hand on. - John Bernard Books)
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