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Trump Hints at More China Tariffs, Says He Doesn’t Seek to Prompt ‘Depression’

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IMF's Lagarde Expects More Market Volatility From Trade Tensions
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President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in U.S. politics is a “bigger problem” than Russian involvement in the 2016 election.

Asked in an interview with CBS’s “60 Minutes” whether he wants to push China’s economy into a depression, Trump said “no” before comparing the country’s stock-market losses since the tariffs first launched to those in 1929, the start of the Great Depression in the U.S.