A president torn between his love of tariffs and booming markets faces the risk of uncontrollable escalation.
NEW YORK — Donald Trump the Dow Man and Donald Trump the Tariff Man found themselves back on a collision course Monday as U.S. markets tanked and fear of a full-scale trade war between the world’s two largest economies reemerged with a vengeance.
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. Speaking to reporters at the White House Monday, Trump expressed high confidence in his approach. “We’re in a very good position and I think it’s only going to get better,” Trump said of the trade fight so far. “We’re taking in tens of billions of dollars, I think it’s working out very well.”
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