China Defeated The US, Apparently
Donald Trump claimed if there’s any trade war, the U.S. is the defeated one. The President talked about the offered tariffs against Chinese imports. He stated: "We've already lost the trade war. We don't have a trade war, we've lost the trade war"; “I'm not saying there won't be a little pain, but the market has gone up 40 percent, 42 percent so we might lose a little bit of it. But we're going to have a much stronger country when we're finished”; "So we may take a hit and you know what, ultimately we're going to be much stronger for it".