US disinformation campaign on trade should set the alarm bells ringing
It was shocking to see a US leader send torrents of tweets on the US-China trade dispute in the past week, much of them touting the benefits the US economy, farmers and consumers will get from the tariff hikes on Chinese products.
Similar tweets had been sent a year ago when the US administration slapped tariffs on products from China and other major US trade partners, from steel and aluminum to washing machines and high-tech goods. But since that false claim was quickly refuted by many US economists and trade experts, it's quite puzzling that he is trying to spread the same misinformation again through his tweets.
Larry Kudlow, director of the White House National Economic Council, also contradicted the US leader on Fox News on Sunday by admitting that China isn't paying the tariffs.