Trump believes China tariffs will help him win reelection
By Robert Costa , Robert Costa National political reporter covering the White House, Congress and campaigns Email Bio Follow Josh Dawsey and Josh Dawsey Reporter covering the White House Email Bio Follow Sean Sullivan Sean Sullivan Reporter covering national politics Email Bio Follow May 14 at 9:54 PM President Trump is telling advisers and close allies that he has no intention of pulling back on his escalating trade war with China, arguing that clashing with Beijing is highly popular with his...
Speaking to reporters Tuesday before boarding Marine One en route to Louisiana, Trump insisted that he is in a “very, very strong position” and called the stalled negotiations “a little squabble.” “Tariffs are blunt instruments. They can inflict harm on competitors and be a source of leverage for negotiations,” said former White House staff secretary Rob Porter, who at times engaged in heated discussions in the Oval Office on trade. “They can also have significant consequences for global supply chains and domestic producers and consumers, and any decision on tariffs should include careful consideration of all these consequences.
Republicans close to the president have said they’ve come to accept the president’s hard line, even if they do not share it. Cohn, who has long been critical of tariffs, also worried aloud that the clash could do lasting damage to the nation’s farming industries and said the Trump administration’s effort to offset the effect of the trade war on U.S. farmers by supplying subsidies for them is not a sufficient approach if markets are lost, two attendees said. Cohn compared Trump’s strategy to treating cancer with a Band-Aid, they said.
Trump would acknowledge in private conversations that economists broadly say tariffs cause American consumers to pay higher prices, but he would add that “you can find an economist to say anything,” in the words of one former aide who discussed the issue with him. “China is a target that has to be confronted,” said Sen. Angus King, a Maine independent who caucuses with Democrats. “The question is whether this shock-and-awe strategy is a strategy at all. Will stronger tariffs lead to results? I’m not sure.”
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