Trump Predicts China Will Be First to Buckle in Trade Dispute
- Says barriers will fall because it’s ‘the right thing to do’
- Economic team suggests China, U.S. can pull back from brink
President Trump Sees China Blinking First
This article is for subscribers only.
President Donald Trump predicted China will be first to buckle as the world’s largest economies teeter on the brink of a trade war that’s sent financial markets reeling, without indicating where his assessment sprang from.
“China will take down its Trade Barriers because it is the right thing to do,” Trump told his 50 million Twitter followers early Sunday. “Taxes will become reciprocal & a deal will be made on Intellectual Property.” He also said that no matter what happens, “President Xi and I will always be friends,” referring to Chinese President Xi Jinping.