Trump: ‘I’m Taking a Piece of the Massive Amount of Tariffs’ and Giving It to the Farmers

‘The farmers are doing better than if China frankly were buying’

EXCERPT:

 

TRUMP: "China is moving along. We’re doing very well. It was brought out very strongly today by a number of great economists that because China has devalued their currency so much that in fact they are actually paying for all of the tariffs, we have in addition to that as you know they’re pouring money into their economy. So those two things, they are paying for their tariffs. As you know, some new tariffs — we’re taking in tens of billions of dollars. We’re giving some of the money to the farmers, making the farmers more than whole. The farmers are doing better than if China frankly were buying. I’m taking a piece of the massive amount of tariffs, we’re giving them to the farmers who have been targeted unfairly by China. We are talking to China. The meeting is still on as you know. That hasn’t changed. They haven’t changed and we haven’t. We will see what happens. We can’t allow China to rip us off anymore as a country. We can’t allow China to take 500 billion dollars a year out of our country. We can’t do that."

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