The Chinese economy is suffering more damage from tariffs than the US one, said US President Donald Trump.
He stressed that both China and many other countries are treating the US unacceptably badly. As for the economic policies of his predecessors at the helm of the White House, Trump called them "stupid and helpless".
The American leader considers his policies an economic revolution that has made it possible to attract five trillion dollars worth of investments to the United States.
Handelsblatt earlier reported on the blow that stock markets received due to the tariffs imposed by Trump, but he vowed never to change his economic policies and said that now is the time to "become richer than ever".
Meanwhile, the European Union is already thinking about emergency measures, as they fear the influx of cheap Chinese goods.