The US President sent out another round of mixed messages on the ongoing trade tensions with Beijing this morning, both raising hopes of extending the 90-day truce and promising to implement more tariffs if China does not offer a “REAL deal,” Reuters reports.
Trump wrote in a tweet that if China is willing to propose such a deal, then “we will get it done.”
“But if not remember, I am a Tariff Man,” he added.
The comments sent markets back down after rallying on Monday. The Dow Jones dropped 3% and the tech-heavy Nasdaq fell 3.8%.
The president also affirmed that negotiations had already begun, and made mention that the truce period could go on past the designated 90 days following his “wonderful and very warm dinner with President Xi.”
You must log in to post a comment.