President Trump arrived in Louisiana to tour and speak at a liquefied natural gas export facility, as he touts the importance of American energy independence.
Two police officers in the president’s motorcade crashed their motorcycles and were injured on a highway after leaving the airport in Louisiana. The circumstances of the crash were not immediately clear, but Mr. Trump’s vehicle was not involved. The officers were seen on the side of the road with bloody arms and were being tended to by fellow officers.
The president’s trade war with China has rattled markets, as both the U.S. and China threaten to further hike tariffs.
“We’re having a little squabble with China,” the president told reporters on the White House South Lawn Tuesday morning, adding that the U.S. has been treated very unfairly for years. The president said he’s looking “very strongly” at additional tariffs. The Trump administrationwhile Beijing vowed Tuesday to “fight to the finish” in an escalating trade battle. The stock market may experience more volatility in response to fears about damage to global economic growth, analysts said.
Mr. Trump, who in the past called himself a “tariff man,” insists that increasing tariffs will put the pressure on China, although U.S. consumers pay the cost in the form of more expensive goods.
“China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing,” the president tweeted Tuesday morning. “If the Federal Reserve ever did a ‘match,’ it would be game over, we win! In any event, China wants a deal!”
Mr. Trump also shot down a New York Times report claiming his administration is considering sending up to 120,000 troops to the Middle East to handle Iran if necessary, decrying the report as “fake news.” The president said he would “absolutely” potentially send troops to the Middle East, but if he did, it would be a “hell of a lot more” than that.
“I think it’s fake news, OK?” the president told reporters. “Now, would I do that? Absolutely. But we have not planned for that. Hopefully we are not going to have to plan for that. And if we did that we’d send a hell of a lot more troops than that. But I think it’s just – where was that story, in the New York Times? Well the New York Times is fake news.”