President Donald Trump appeared to admit that the import taxes he’s unilaterally imposed on Chinese products are having a detrimental effect on American consumers’ pocketbooks but did not express a willingness to change course in the trade war he has waged against Beijing since returning to the White House nine months ago.
The president made the startling admission during a Friday appearance on Fox Business Network’s Mornings with Maria program after anchor Maria Bartiromo pressed him on his recent threat to slap an additional 100 percent tariff on Chinese imports after the Chinese government announced plans for new export controls on rare earth metals used in a variety of technology-related products.
