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.