From Bloomberg, “Trump Presses China to Make Tariff Offer to Calm Trade War”:

“The ball is in China’s court. China needs to make a deal with us. We don’t have to make a deal with them,” White House Press Secretary Karoline Leavitt said Tuesday, reading what she said was a statement Trump dictated.

So, I am reminded of this (apologies to Christopher Walken and imitators), at 1 min 7 seconds in.

Keep reading this article on Econbrowser Blog - James Hamilton & Menzie Chinn.

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