Trump urges patience amid economic pressure

WCNC May 1, 2025
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Official YouTube channel of WCNC Charlotte. Get more of the Carolinas' leading news and weather at http://www.wcnc.com/

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President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might "have two dolls instead of 30 dolls," but he insisted China will suffer more from his trade war. The Republican president has tried to reassure a nervous country that his tariffs will not provoke a recession, after a new government report showed the U.S. economy shrank during the first three months of the year. Trump was quick to blame his Democratic predecessor, Joe Biden, for any setbacks while telling his Cabinet that his tariffs meant China was “having tremendous difficulty because their factories are not doing business,” adding that the U.S. did not really need imports from the world's dominant manufacturer. READ MORE: https://www.wcnc.com/article/news/nation-world/trump-says-china-will-suffer-more-in-trade-war/507-2b46ab27-2ebc-4281-86a7-f165ae935587

Economic Uncertainty Essentials

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