White House Claims Trade War Doesn't Impact The Economy

Video Credit: Wochit News
Published on September 10, 2019 - Duration: 00:32s

White House Claims Trade War Doesn't Impact The Economy

The White House said the trade war between the U.S. and China has had a minimal impact on the economy.

According to Business Insider, official data recently released disputes that claim.

Customs data shows that trade fell sharply for both sides in August.

China not only shipped fewer goods that month than thy previous year but its American imports fell as well.

Treasury Secretary Steve Mnuchin said “there have been difficulties” in some situations but said they were balanced by exempted products.

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WASHINGTON (AP) — White House economic adviser Larry Kudlow is comparing trade talks with China to the U.S. standoff with Russia during the Cold War. In other...
on September 6, 2019 • Seattle Times

· *The White House has continued to assert that its trade dispute with China has had minimal impact on the US economy.* · *Yet official data released over the...
on September 9, 2019 • Business Insider

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