Donald Trump on tariff war: 'Markets of biggest abuser China are crashing'

Chinese markets have been collapsing since the implementation of tariffs on US imports, according to US President Donald Trump, who boasted on Monday about the success of tariffs on its "biggest abuser," China.

"Oil prices are down, interest rates are down (the slow-moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long-abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place," Trump wrote in a post on TruthSocial.

In addition, he stated, "This is in spite of the fact that China, the largest abuser of all, with collapsing markets, recently increased its tariffs by 34% on top of its long-term absurdly high tariffs (Plus!)," ignoring my advice to abusive nations not to respond. They have profited plenty from exploiting the Good Ol' USA for decades!