Fanning the flames of a Sino-US trade row further, US President Donald Trump said on Tuesday, the 20th of August 2019, that he would be confronting China to rubberstamp a deal on US terms even at the expense of a short-term harm to the US economy, adding that Beijing had been double-crossing US over trades for decades.
Adding that somebody ‘had to take on’ the Chinese, US President Donald Trump said on Sunday (August 20th) in the White House after a meet with visiting Romanian President, Klaus Iohannis, “This is something that had to be done.
The only difference is I am doing it. China has been ripping this country off for 25 years, for longer than that and it’s about time whether it’s good for our country or bad for our country short term. Long term it’s imperative that somebody does this.
” In point of fact, China tariff had begun to take death tolls on Wall St. alongside US economy after one year of gruesome debates over trade, as recession worries had weighed on financial markets last week and placed Trump Administration in front of a double-edged sword, while analysts had begun to whisper whether Trump Administration could hold on to US economy’s 10-year long economic expansion entering into its 123rd month, up to 2020 US Presidential election.