Trump claims China tariffs help, not hurt US, talks still on

Staff Writer

WASHINGTON (AP) — President Donald Trump said Friday that trade talks between China and the U.S. were continuing in a “very congenial manner” despite new tariffs the U.S. imposed Friday on $200 billion in Chinese imports and Beijing’s vow to retaliate.
In a series of blustering morning tweets, Trump also claimed the new tariffs will help rather than hurt the U.S. and bring “FAR MORE wealth.” He offered a proposal he said would ease any negative impact on U.S. farmers from lost sales to China.
U.S. and Chinese negotiators planned to continue talks Friday in an effort to resolve the standoff after the United States raised tariffs on Chinese imports, escalating tensions between the world’s two biggest economies and rattling stock markets around the world...To read more, please refer to our print or online edition.