President Trump tweeted, deleted and reposted that there’s “no need to rush” on trade negotiations with China.
President Donald Trump said in a tweet storm Friday morning that he is in no rush to finish trade negotiations with China and that tariffs"will make our country stronger." Trump said he is prepared to stick with tariffs for a long period of time.
After a troubling week for stocks, where the Dow Jones Industrial Average has lost more than 650 points and the S&P 500 has lost about 2.5%, all the three major indexes are set to open lower on Friday. Traders were hopeful the U.S. and China would be able to make a resolution before the tariffs went into place on Friday morning. Chinese Vice Premier Liu He met with top U.S. trade officials Thursday evening in Washington, a short time before the tariffs were set to hike.
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