Trump on tariffs

  • Trump says he can do more or he can do less on tariffs depending on how negotiations go
  • Could be raised "well above" 25% but "we're not looking to do that"
  • He also said the new tariff is for a 'short-term' period
  • If China doesn't want to trade with us anymore that's fine with me
  • I think Xi wants to do a deal, but he's not moving fast enough
  • China isn't moving fast enough on fentanyl
  • The stock market will "take a little hit but it it will be phenomenal"

That's not exactly a playbook that anyone can depend on.