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

Summary:
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

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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

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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