President Trump at the White House on Sunday. He wrote on social media that the only way to cure “massive Financial Deficits” with China, Europe and many others was with tariffs.
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.
China’s top foreign affairs official, Wang Yi, cast his country as a force for peace and order even as Beijing provokes its neighbors and fuels trade tensions.
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.