President Trump said Saturday that things are going well with China, insisting US consumers are not paying for import taxes he has imposed on goods from that country.
“Things are going along very well with China. They are paying us Tens of Billions of Dollars, made possible by their monetary devaluations and pumping in massive amounts of cash to keep their system going. So far our consumer is paying nothing – and no inflation. No help from Fed!” President Trump said on Twitter.
He also said that countries are asking to negotiate “REAL trade deals,” saying on Twitter, “They do not want to be targeted for Tariffs by the US.”
President Trump after much consideration decided Thursday to impose 10% tariffs $300-B in Chinese imports, stunning China, and ending a month-long trade truce