Time: 9:33 PM
US President Donald Trump on Wednesday said
that his administration's tariffs on China had not adversely affected the
American economy or consumer, but had led to massive amounts of cash flowing
into the US.
"So far, there has been a USD 300 billion tariff on Chinese products, but
you can't say that has hurt our economy," said Trump on his official Twitter
"It really did not result in any kind of serious price hikes at the
consumer level," he added.
On Tuesday, Trump announced that the start of the latest tariffs on China
had been postponed until December this year, noting that he had received very
good and fruitful contact from the Chinese on trade talks between the two