Trump Says Dow Would Be 10,000 Points Higher Without Trade War
- President says he acted because China was ‘out of control’
- Trump says ‘that’s fine’ if China doesn’t want to make a deal
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Donald Trump said his trade war with China has hurt the performance of the U.S. stock market, but that he had to confront the country’s economic practices.
“Let me tell you, if I wanted to do nothing with China, our stock market, our stock market would be 10,000 points higher than it is right now but somebody had to do this,” the president told reporters at the White House on Wednesday. “It was out of control and they were out of control.”