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Trump Unleashes Fiery Tweetstorm Amid Blowback on China Tariffs: Our ‘Patriot Farmers' Will Benefit


Added 05-14-19 08:34:01am EST - “The Dow Jones, thus far, has not reacted well to the escalating tariff battle with China. But President Donald Trump is urging patience. Facing criticism for the new round of tariffs on Chinese goods, the President defended his administration's…” - Mediaite.com

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Posted By TheNewsCommenter: From Mediaite.com: “Trump Unleashes Fiery Tweetstorm Amid Blowback on China Tariffs: Our 'Patriot Farmers' Will Benefit”. Below is an excerpt from the article.

The Dow Jones, thus far, has not reacted well to the escalating tariff battle with China. But President Donald Trump is urging patience.

Facing criticism for the new round of tariffs on Chinese goods, the President defended his administration’s handling of the trade standoff with an economic superpower.

“China buys MUCH less from us than we buy from them, by almost 500 Billion Dollars, so we are in a fantastic position,” Trump wrote. “Make your product at home in the USA and there is no Tariff. You can also buy from a non-Tariffed country instead of China.”

In one year Tariffs have rebuilt our Steel Industry – it is booming! We placed a 25% Tariff on “dumped” steel from China & other countries, and we now have a big and growing industry. We had to save Steel for our defense and auto industries, both of which are coming back strong!

China buys MUCH less from us than we buy from them, by almost 500 Billion Dollars, so we are in a fantastic position. Make your product at home in the USA and there is no Tariff. You can also buy from a non-Tariffed country instead of China. Many companies are leaving China…..

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