Markets momentarily flipped southward on Friday after President Donald Trump said he would maintain tariffs on China unless substantial concessions were made.
Speaking aboard Air Force One on his way to Rome for Pope Francis’ funeral, Trump said he would not ease tariffs without “something substantial” from China, stressing the need to “open China” for American businesses.
“We almost got it and then they backed out of that deal,” he said, adding that Chinese officials “don’t want it open” but that opening the Chinese market would be a “big win.”
Tariffs, …Full story available on Benzinga.com
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