But in a pair of tweets sent Wednesday, President Trump suggested that the market had it wrong. We aren't about to start a trade war with the Chinese, the president said. Rather, we've been fighting a losing battle for years.
"We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the US. Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!"