President Trump on Monday said he will not reverse his decision to impose tariffs on steel and aluminum, predicting the U.S. could avoid a trade war if he forges ahead.
“No, we’re not backing down,” Trump told reporters at the White House, saying the U.S. “has been ripped off by virtually every country in the world, whether it’s friend or enemy,” on trade.
But the president is making it clear he is determined to take action against what he says are foreign governments’ unfair trade practices, a central theme of his 2016 presidential campaign.
Trump acknowledged just last Friday that such efforts could spark a trade war, comments that he appeared to contradict on Monday.
Read more at The Hill.