Trump Says U.S. ‘Winning’ Trade War

In Japan, Trump stated that the US economy is thriving despite no assistance from the Fed. He emphasized the US's economic strength and criticized the Fed. The discussion shifted to a US-China trade truce, with a focus on Huawei. Trump appeared to ease restrictions on Huawei, allowing US companies to sell non-critical equipment. This move drew criticism from both parties, with concerns about losing leverage in future talks. The US expects China to buy more agricultural products, but no specific numbers were given.

What did President Trump say about the Federal Reserve's role in the US economy?

• The Fed has been very supportive.

• The Fed has not been helpful at all.

• The Fed is the greatest in the world.

• The Fed is playing on a fair field.

What was the outcome of the US-China meeting regarding tariffs?

• Both sides decided to stop all trade talks.

• Both sides agreed to increase tariffs.

• Both sides agreed not to add additional tariffs.

• Both sides decided to remove all tariffs.

What change did President Trump make regarding Huawei?

• He removed Huawei from the export blacklist.

• He banned all US companies from selling to Huawei.

• He allowed US companies to sell certain equipment to Huawei.

• He increased restrictions on Huawei.

What was the reaction from US politicians regarding Trump's Huawei decision?

• They praised the decision for strengthening US leverage.

• They fully supported the decision.

• They were indifferent to the decision.

• They criticized the decision for undercutting US leverage.

What concern did Chuck Schumer express about the Huawei decision?

• It would undercut US leverage in talks.

• It would improve US-China relations.

• It would strengthen US leverage in talks.

• It would have no impact on US leverage.