mention the chinese, because as you know, the president flying hanoi, he mentioned on twitter that he believes we are edging closer to a deal with china and he will push off the idea of increased tariffs on march 1st, as was scheduled. that there may be another summit in the days ahead, maybe about mid-march, between he and president xi of china. china critical to these talks here in hanoi, of course. talk a little bit about the state of the chinese economy, the terrified, and what that means to north korea. since december, we have seen signs that the chinese economy is actually contracting. a very well-known beijing professor in december created a sensation across china by saying, look, the chinese economy is growing no more than 1.67%, maybe even contracting. that puts the chinese at a very weak bargaining position. resident trump, before leaving for hanoi, said there is going to be assigning summit that you referred to, i think we can really push the chinese into a
echoing populist rhetoric he used on the campaign trail. didn t they say we re going to lose the trade war? we re already losing the trade war, folks. the dow jones industrial average touted about my trump as a symbol as success in office has fallen more than 4% since he announced new tariffs on march 1st. i m not saying there won t be a little pain. and the political backlash among republicans on capitol hill has been intense. senator ben sas called the president s plan the dumbest possible way to do this. and some white house aides have suggested mr. trump s proposed tariffs shall simply a negotiating tactic. they are carrots and sticks in life but he is ultimately a free trader. even on his embattled epa administrator scott pruitt, the president is taking cues from the base instead of his own advisers. pruitt is facing questions about his ties to a lobbyist from whom he rented a capitol hill condo, request for special perks and raises for his aides against the advice o