White House says Trump pressing forward amid escalation of China trade war

The Hill logoPresident Trump‘s economic advisers and allies on Sunday defended the trade war with China as necessary and beneficial to the U.S. after a week of mounting tensions.

Treasury Secretary Steven Mnuchin told Chris Wallace on “Fox News Sunday”that Trump remained “as determined as ever” in the trade war.

The president earlier seemed to indicate he regretted escalating the trade war with Beijing, though the White House quickly pushed back on that interpretation, saying Sunday that Trump regrets not imposing even higher tariffs.

View the complete August 25 article by Zack Burdryk on The Hill website here.