"China's Xi has called him." - The market would have reacted with a rally a week ago, but you can understand the distrust now given that the Chinese keep on repeating that Trump is lying.
"Would consider it a victory if US has 50% tariffs a year from now." - This is not a good looking headline. Up he just answered to a question.
If we still have high tariffs, whether it's 20% or 30% or 50%, on foreign imports a year from now, will you consider that a victory?
Total victory.
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