Obama Dismisses ‘Trade War’ After Tariffs on China (Update1)
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By Julianna Goldman and Mark Drajem
Sept. 15 (Bloomberg) -- President Barack Obama downplayed the possibility that his imposition of tariffs on imported tires from China would spark a cycle of retaliation.
“We’re not going to see a trade war,” Obama said yesterday in an interview with Bloomberg News at the White House. “There are some tensions around this, no doubt about it. But my message is very simple: We have rules on the books.”