US President Donald Trump has claimed that China had lost trillions of dollars and three-million jobs due to the tariffs his administration had imposed against the country. Talking to reporters at White House yesterday, Trump asserted that the United States was doing very well against China, adding that the Chinese wanted to negotiate a trade deal very badly.
The two countries have been locked in a bitter trade war since last year, imposing tit-for-tat tariffs on goods worth billions of dollars. The president exuded confidence that the stock markets would hit a new high, denouncing reports about the possibility of a recession as fake news.
