UPDATED 7:04 AM PT — Monday, May 13, 2019
President Trump said U.S. consumers will not be effected by a new round of tariffs, which take effect on China Monday.
In a series of recent tweets, he spoke about how the tariffs will help the U.S. and put China at a disadvantage. He said the tariffs can be completely avoided if purchases are made from other non-tariffed countries or if products are purchased in the U.S.
The president added, many tariffed companies will be leaving China, which is why they want to make a deal so badly. He warned China against retaliation, saying it would only make the situation worse.
..There will be nobody left in China to do business with. Very bad for China, very good for USA! But China has taken so advantage of the U.S. for so many years, that they are way ahead (Our Presidents did not do the job). Therefore, China should not retaliate-will only get worse!
— Donald J. Trump (@realDonaldTrump) May 13, 2019
On Monday, China said it would impose new tariffs on more than $60 billion worth of U.S. imports on June 1, 2019.