Trump Regrets Not Imposing Higher Tariffs on China: Well, Do It Then!

-edited

Trump says he was misunderstood about regrets on imposing tariffs on China. His regret is they weren't high enough.

A White House spokesperson says Trump Regrets Not Raising Tariffs on China Higher.

Trump, who announced higher tariffs on Chinese goods last week, raised eyebrows during a meeting with British Prime Minister Boris Johnson at the G7 when he responded in the affirmative to questions from reporters on whether he had any second thoughts about the tariff move.

White House spokeswoman Stephanie Grisham sought to explain the remark. “His answer has been greatly misinterpreted. President Trump responded in the affirmative - because he regrets not raising the tariffs higher,” she said in a statement.

During his meeting with Johnson on Sunday in France, Trump was asked if he had second thoughts about his latest escalation.

“Yeah, sure. Why not?” he said.

The reporter repeated the question and Trump replied: “Might as well. Might as well.”

A second reporter followed up again, asking if he had second thoughts about escalating the trade war with China.

“I have second thoughts about everything,” Trump responded.

Well Do It Then

Hello Mr. President. Time's a wastin'.

If you regret not imposing more tariffs, then do it.

Since when are any of your decisions final?

Mike "Mish" Shedlock

Comments (36)
No. 1-14
Sechel
Sechel

Really stupid spin. Of course it didn't mean he regretted not raising tariffs more.

Augustthegreat
Augustthegreat

Trump probably truly believes he can bully China into submission. He has certainly forgotten about Korean War and Vietnam War (China was much weaker then)

UrbanDigs
UrbanDigs

If he raises more, stocks fall. And it sounds like he wants stocks pumped for the election. Don't rule out a complete resolution of this right before the election, especially if that will rally stocks at that time.

lol
lol

Not about tariffs,it's about slave labor,pay someone $1,50 and hour in China and that's too pricey so the move to Vietnam where they can pay Charlie 1.25 an hour or Mexico at 2,00 dollars an hour or India at 2.25 an hour.Point is for this thing to have any chance of working,you have to impose massive tariffs on all countries that use slave labor!

2banana
2banana

Trump should remove China's "most favorable trading status" and move to get them removed from the WTO.