President Donald Trump took to Twitter to defend his approach to dealing with China by predicting that the Asian country would bow to the US’s wishes and open up its market, Bloomberg reports.
“China will take down its Trade Barriers because it is the right thing to do,” he tweeted to his 50 million followers on Sunday. “Taxes will become reciprocal & a deal will be made on Intellectual Property.” He added that “President Xi and I will always be friends,” referring to Chinese President Xi Jinping.
The comments appear to have been an effort to reassure his supporters—and investors—that there was no need to be alarmed about the rapidly rising tensions with China, which escalated further on Thursday when the president ordered the US trade authorities to identify up to $100 billion worth of Chinese goods that could be subject to additional tariffs.
Administration officials defended the president’s approach on Sunday, presenting the tariffs as part of a long-term strategy for growth and reiterating that a trade war can be averted.
“I think it’s going to generate very positive results which will grow” the economies of the US, China and the world, Larry Kudlow, Trump’s top economic adviser, told CNN’s State of the Union.
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