President Trump on Monday made the case that his White House is righting years of wrong in regard to China. Beijing "has agreed to buy massive amounts of ADDITIONAL Farm/Agricultural Products - would be one of the best things to happen to our farmers in many years!" he wrote. "On China, Barriers and Tariffs to come down for first time," went another. And a third took aim at Democrats. "I ask Senator Chuck Schumer, why didn’t President Obama & the Democrats do something about Trade with China, including Theft of Intellectual Property etc.? They did NOTHING! With that being said, Chuck & I have long agreed on this issue! Fair Trade, plus, with China will happen!" The tweets follow days of negotiations between the two nations, though even some of Trump's supporters are worried that China is getting the upper hand. Details:
- Dueling statements: Treasury chief Steven Mnuchin said Sunday that the US was "putting the trade war on hold" and ditching the idea of tariffs while talks continue. However, Trade Representative Robert Lighthizer made a point to say that tariffs were still an important tool to “protect our technology.” The Wall Street Journal sees these as "markedly different positions," adding that the statements punctuate days of negotiations "with a question mark."