Trump declares US-China trade war 


US President Donald Trump. — Bloomberg

PRESIDENT Donald Trump said he saw the United States as locked in a trade war with China, even as Treasury secretary Scott Bessent proposed a longer pause on high tariffs on Chinese goods to resolve a conflict over critical minerals. 

“Well, you’re in one now,” Trump said Wednesday when asked by a reporter if the world’s two largest economies are in for a sustained trade war if they cannot reach a trade deal.

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