Trump says children may have fewer dolls, but his tariffs will hurt China more

Washington (AP) – President Donald Trump On Wednesday, his tariffs in the USA could lead to fewer and more costly products, and said that American children could “have two dolls instead of 30 dolls”, but he insisted that China will suffer more from his trade war.

The US President has tried to calm a nervous country that his tariffs will not provoke a recession after a new government report has shown that the US economy shrank in the first three months of the year.

Trump quickly accused his democratic predecessor Joe Biden for all setbacks when he informed his cabinet that his tariffs meant that China had “enormous difficulties because her factories did not do business,” and added that the USA did not really need imports from the dominant manufacturer of the world.

“You know, someone said:” Oh, the shelves will be open, “continued Trump, offering hypothetics.” Well, maybe the children have two dolls instead of 30 dolls. Maybe the two dolls cost a few dollars more than normally. “

His comments followed a defensive morning after the trade department had reported this The US economy shrank with an annual rate of 0.3% In the first quarter. Behind the decline was an increase in imports, as companies tried to organize the comprehensive tariffs on cars, steel, aluminum and almost every country. And even positive signs of increased domestic consumption showed that purchases may occur Price increases.

Trump focused on bidges when the stock market fell on Wednesday morning in response to the gross domestic product report.

“This is Bidens stock market, not Trumps”, who was published in January the Republican President, who was published on his social media site in January. “The tariffs will soon start to step into the United States in record numbers. Our country will be boomed, but we have to get rid of the bidges.

However, the GDP report gives the Democrats ammunition to say that Trump's politics could push the economy into a recession. Statements by the Democrats after the GDP report found how quickly the economy, which still has an unemployment rate of 4.2%, seems to lose dynamics within a few weeks after the return of Trump.

“Trump has been in office and costs for only 100 days, chaos and corruption have already increased,” said Senator Jeff Merkley, D-ORE. “The economy slows down, prices are increasing and the bourgeois families feel the pinch.”

The report ended up trying to concentrate on new company investments in the United States while spending the week with it His 100th day in office. He planned comments on this topic later a day.

Trump's economic message contains some conflict arguments and rejects data that cause red flags.

He would like to recognize an aggressive first 100 days in the White House, which contained mass layoffs of federal workers and the beginning of A trade war with 145% in new tariffs against China. He also wants to blame the negative reaction of the financial markets to bidges, which left the office months ago. He also says that his tariffs negotiate tools to generate trade agreements, but at the same time hundreds of billions of dollars in customs income to cover his planned income tax cuts.

Trump emphasized the positive aspects of the GDP report in the cabinet review. However, this session, as his administration, also tried to appreciate guidelines that affect the bidges.

Minister of Commerce Howard Lutnick spoke about his recent trip to Arizona to see the computer chip factories of the Taiwan Semiconductor Manufacturing Co. The company found on its website that plans announced in the first term of Trump in May 2020 when the Coronavirus pandemic disturbed the global economy to build its first work in Arizona. The company announced a second factory in December 2022 when Biden was in office. After TSMC had reached 6.6 billion US dollars in the cross -party chips and science act in 2024 in 2024, he announced plans for a third work.

Trump dismissed the importance of the support of the government that bidding for computer chip factories enabled to open in Germany.

“They build because of the tariffs,” said Trump.

Nevertheless, the Democrats quickly say that Trump inherited an economy with a steady course of unemployment and a declining inflation that has disturbed his tariff plans almost immediately.

“In just 100 days, President Trump took the US economy from strong, stable growth to negative GDP,” said Heather Bouthey, a former member of the White House Council of Economic Advisers from Biden. “This astonishing turn is directly due to the incoherency of its economic policy and mismanagement of federal politics.”

Peter Navarro, the trade advisor of the White House, said reporters said that the GDP decline due to the increased imports that mathematically separate from the level of economic activity was a “one-shot deal”. Navarro said that the individual and business income taxes planned by Trump would contribute to growth in the coming months.

“Everything we see are good, strong news,” said Navarro. “The idea that a recession comes should be greatly reduced.”