
President Trump appeared on Wednesday to acknowledge that his high tariffs on China may lead to fewer goods on shelves and at higher prices.
As economists warn that Mr. Trump's tariffs on Chinese imports will disrupt the supply chain and lead to higher prices, Mr. Trump insisted the real pain is being shouldered by China, while recognizing consumers may see fewer toys on shelves and at slightly higher prices for a while. Speaking during a Cabinet meeting at the White House, the president said Americans don't need most many of the goods coming from...
Continue reading...As economists warn that Mr. Trump's tariffs on Chinese imports will disrupt the supply chain and lead to higher prices, Mr. Trump insisted the real pain is being shouldered by China, while recognizing consumers may see fewer toys on shelves and at slightly higher prices for a while. Speaking during a Cabinet meeting at the White House, the president said Americans don't need most many of the goods coming from...