Trump hesitated, not his spokesperson: "He only regrets not having increased the rates"



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The President of the United States, Donald Trump, does not regret the escalation of the trade war with China, but "regrets not having increased tariffs yet"to the products of this country," said today a spokeswoman for the White House.

Trump is in the French city of Biarritz, participating in Summit of Heads of State and Government the seven most powerful countries (G7) of the world, and this morning made comments to the press that raised doubts because it seemed that he lamented the trade war.

That's why her spokeswoman, Stephanie Grisham, went on to explain that what Trump regrets, it is not to have imposed even higher tariffs on Chinese products, after Last Friday, he will announce that he will impose an additional 5% customs duty on specific Chinese products worth 550,000 million US dollars.

Trump 's reaction came after the announcement Friday by China that the Asian giant would add to its US products tariffs rising to $ 75 billion.

Trump said this morning that the other G7 members did not ask him to stop the trade war with China, although he acknowledged that have "doubts" about their decisions about China (which, according to her spokesperson, was misunderstood), because she has doubts "about everything".

USA does not anticipate Chinese retaliation

Meanwhile, the economic advisor of the White House Larry Kudlow he said that do not expect China to retaliate against additional tariffs on Chinese products that Trump announced Friday.

Consulted on the cbad CBS If he foresaw retaliation, Kudlow said, "No. His action was aimed at answering theirs, which is why I doubt that they take another step." I have not heard your official response yet. We will have to wait and see".

Which American signatures leave China?

On Friday, Trump told Washington that he could invoke a 1977 National Emergency Act to increase trade conflict with China, and today stressed in his opinion that it was justified to do so. "It's an emergency," he insisted.

The secretary of the treasury Steven Mnuchin explained that under the law on the economic powers of international emergency, Trump could order companies to leave China if he declared a national emergency.

But Trump said today that he was not planning such a move at the moment.

He indicated that "for the moment" does not provide declare this urgency and appeal to the law because they speak "very seriously" with China. "They want to make a (commercial) deal more than I want. We will see what happens"he said.

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