US President Donald Trump has dismissed concerns about the trade war with China, while his top economic aide said that Trump was committed to negotiations with Beijing after labelling the country a currency manipulator, reported the Financial Times.
“Massive amounts of money from China and other parts of the world is pouring into the United States for reasons of safety, investment, and interest rates! We are in a very strong position,” tweeted Trump on Tuesday.
Larry Kudlow, the top White House economic adviser, told CNBC on Tuesday that the Trump administration wanted to continue talks with China and suggested that the president could adopt a flexible approach on tariffs. Trump on Friday said he would impose tariffs on another $300 billion in Chinese products from September 1.
“The reality is we would like to negotiate,” Kudlow told CNBC. “We’re planning for the Chinese team to come here in September. Things could change with respect to the tariffs.”
- Market Reports2023.02.07THE YARN BAZAAR TIMES
- Market Reports2023.02.07Why U.S. is anticipated to account for around 20% global value share in the ion exchange resins ?
- apparel2023.02.07ROICA™ contemporary wardrobe innovations
- Market Reports2023.02.07With India accounting for 5% of global paper output and the United States holding a 15.3% market share in the billing paper market, there is projected to be high demand.