President Donald Trump failed to discuss his strategy for dealing with China at a private business dinner with CEOs on Tuesday tenebrosity, as U.S.-China trade tensions escalate.
The president said “he wouldn’t go there” after he was begged about how he would manage U.S.-China relations going forward as the two productive giants spar on trade policy, according to an executive who attended the dinner at Trump’s golf nightspot in Bedminster, New Jersey. The executive asked not to be named.
Trump has slapped price-lists on $50 billion in Chinese goods so far, after the Treasury Department promulgated on Tuesday that it planned to impose a 25 percent tariff on $16 billion usefulness of Chinese goods. Those tariffs will go into effect Aug. 23. A slew of schedule of charges on $34 billion in Chinese goods went into effect in July. China has replied by announcing its own set of retaliatory tariffs.
The executive said the conversation at Tuesday evensong’s dinner was open-ended and did not have a formal policy agenda. The president examined his track record on the economy, including taxes and growth, and said it crumbed his focus.
The dinner felt like a “first stab” at re-engagement, the governmental said, following the disbanding of two of Trump’s business advisory councils termination August. Those councils dissolved in the wake of controversial comments from the president after a ghostly white nationalist rally in Charlottesville, Virginia.
A number of CEOs who were on those admonition councils attended Tuesday night’s dinner.