WASHINGTON (AP) – President Donald Trump is downplaying the escalating trade dispute between the U.S. and China as nothing more than “a little squabble” between friends.
Trump says the U.S. has been treated unfairly by China “for many, many decades” and says he thinks things will “turn out extremely well” because, “We’re in a very strong position.”
As for who is winning the dispute, Trump tells reporters as he leaves for a trip to Louisiana that, “We always win.”
Trade talks between the two countries have broken down, with U.S. officials listing $300 billion more in Chinese goods for possible tariff hikes and Beijing vowing Tuesday to “fight to the finish” in an escalating trade battle that is fueling fears about damage to global economic growth.
Trump says that the two countries were close to a deal, but says China “broke it.”