Trump says he 'might as well' have second thoughts on trade war
That's a first.
President Trump changed course slightly about the United States' trade war with China on Sunday while attending the Group of Seven summit in Biarritz, France.
Trump, just days after hiking tariffs on Chinese imports and ordering (via Twitter) U.S. businesses to begin cutting ties with China, said he does indeed have second thoughts about how the trade war has played out. "Might as well," he said. "Might as well. I have second thoughts about everything." He also said he has no plans to invoke a 1977 law that would grant him more authority to intervene with U.S. business practices in China.
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Still, Trump said he believed the other leaders at the summit "respect the trade war," adding that "it has to happen," signaling that he has no intention of reversing the tariffs despite his recent comments.
As for his fellow G-7 leaders respecting Washington's trade policy? That doesn't seem to be the case, at least not entirely. Almost immediately after Trump said so far no foreign leader had challenged him on trade, U.K. Prime Minister Boris Johnson did just that. "Just to register the faint, sheep-like note of our view on the trade war, we're in favor of trade peace on the whole," Johnson said. "We think that on the whole the U.K. has profited massively in the last 200 years from free trade." Read more about the G-7 summit at The Washington Post.
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Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
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