President Donald Trump told reporters on April 22 that if communist China does not agree to a trade deal, the United States would be the one setting the terms on tariffs.
“Ultimately, they have to make a deal because otherwise, they’re not going to be able to deal in the United States,” the president said at the swearing-in ceremony for new Securities and Exchange Commission Chair Paul Atkins. “So we want them involved but they have to, and other countries have to, make a deal. And if they don’t make a deal, we’ll set the deal.”
That trade deal, he said, would be fair for everybody, putting an end to current trade deals with China and other countries that he described as leaving the United States “being ripped off left and right.”…