Quotes
China has always advocated that China and the United States should adopt a positive and cooperative attitude towards differences and controversies in economic and trade fields,
commerce ministry spokesperson He Yongqian told a weekly news conference
Whatever they charge us, we’re charging them,
Trump told reporters at the White House, reports ReutersI’m going to say this at the risk of my job,
senior economics reporter Steve Liesman told business network anchor Kelly Evans regarding Trump’s volatile on-again-off-again tariffs and tariff threats
We need massive amounts of capital if we want to fund our deficits, pay for the things we want to pay for, sell our bonds and have high stock prices, and it seems as if this administration is doing everything it can to chase the foreign capital away.”
He also warnedThat is insane. There is just no other way of describing it,
Liesman emphasizedI’m saying manufacturing is that you can make it happen. And when you get angry, and when you kind of lose your temper, and you get mad ... it gets people nervous and upset,
He warned ... he added, referring to Trump.jpg)
If Trump is serious on what he is saying about sticking with these tariffs, he is betting his presidency on their success, and on the patience of the American people, at a moment when the people do not appear in a patient mood,
said William Galston, a scholar at the Brookings Institution
To the extent that another country’s practices harm our own economy and people, the United States will respond,
Mr. Bessent said last week in a speech to the Economic Club of New YorkYou can do this once or twice and bring people to the table, ... but at some point the countries say we are going to retaliate,”
he said ... as Canada and the European Union now have
When the president thinks about tariffs, he is usually thinking about three things: leverage, revenue and re-industrialization,
Mr. Froman said on Wednesday
President Trump’s economic policies are simple,
Vice President JD Vance wrote on social media on MondayYour CHIPS act is a horrible, horrible thing,
he told lawmakersIf President Trump does what he says he is going to do, yes, I do think we're going to have something that's close to the end of the modern era of globalization,
Setser said
We all know that people who are relying on retirement accounts watch them daily. And so, I think maybe he needs to be a little more sensitive to that,
said Republican Senator Shelley Moore Capito of West Virginia
I don't think the goals that this administration has set out are clear yet,
Setser saidIt may not make any difference to him, because he's a billionaire. But to the everyday investor, it's a really big deal to lose this amount of money,
he saidWhat may have seemed like a quick fix in Trump’s mind has become a big mess that will not only take a long time to clean up, but has also left consumers and businesses with higher prices, fewer choices, and more uncertainty,
said Dave Wallack, the group’s executive director
The market is one piece of the puzzle,
Marshall, of Kansas, told Reuters
They're to raise revenue, tariffs can also be used for retribution. … Tariffs can be used for reciprocity to encourage other countries to lower their tariffs for perceived harms,
Allen saidIn 2017, Chinese imports into the US as a percentage of our total imports peaked at a little bit above 21 percent,
he said