Trump Warns Of 'Transition Cost' From Tariffs, Says "In The End..."

1 week ago 8

US President Donald Trump on Thursday warned of the "transition cost" from his tariff policies, as Wall Street stocks fell again over the worsening trade war with China.

"There will be a transition cost, and transition problems, but in the end, it's going to be a beautiful thing," Trump said as he seeks to reorder the world economy by forcing manufacturers to base themselves in the United States.

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