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Trump Whiplashes Markets After Saying He’d Rather Not Have to Use Tariffs on China

DeFi Daily News by DeFi Daily News
January 23, 2025
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Trump Whiplashes Markets After Saying He’d Rather Not Have to Use Tariffs on China
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President Donald Trump told Fox News’s Sean Hannity that he would rather not use tariffs against China, adding that this gives the US “tremendous power” in striking a deal with Beijing. Trump also called Chinese leader Xi Jinping “like my friend.” Bloomberg’s Bill Faries speaks to David Ingles and Stephen Engle on how this highlights uncertainty over the White House’s next steps.
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Tags: Bill FariesChinaDavid InglesDonald TrumphedMarketsStephen EngletarifftariffsTrumpU.S. Dollarunited statesWhiplashesXi JinpingYuan
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