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Trump says U.S. will win China trade war 'either way'

Credit: Reuters Studio
Published on April 16, 2019 - Duration: 00:20s

Trump says U.S. will win China trade war 'either way'

U.S. President Donald Trump says he believes the United States would emerge from its trade dispute with China as a winner, no matter what happens.

Rough cut (no reporter narration).

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Trump says U.S. will win China trade war 'either way'

(ROUGH CUT - NO REPORTER NARRATION) President Donald Trump said on Monday (April 15) he believed the United States would emerge from its trade dispute with China as a winner, no matter what happened.

"We're going to win either way.

We either win by getting a deal or we win by not getting a deal," Trump said during a visit to a business roundtable in Burnsville, Minnesota.

The world's two biggest economies are nine months into a trade war that has cost billions of dollars, roiled financial markets and upended supply chains.

Trump's administration has slapped tariffs on $250 billion worth of imports of Chinese goods to press demands for an end to policies that Washington says hurt U.S. companies competing with Chinese firms. China responded with its own tit-for-tat tariffs on U.S. goods.

Trump's Treasury secretary, Steven Mnuchin, said earlier on Monday that trade negotiators are making a lot of progress.

He told Fox Business Network there is more work to do, however, including enforcement.

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