Donald Trump’s tariffs have left the U.S. teetering on the edge of a recession, with even Fox News hosts voicing their concerns about the president’s import levies.
Fox Business senior correspondent Charlie Gasparino told colleagues on Thursday’s edition of The Story that despite his bullish trade tactics, Trump has a “weak negotiating hand” that has left the markets “on edge.”
“We need people to buy our debt, and China supplies us with a lot of cheap goods,” he said. “We can see inflation rise up dramatically. And Xi [Jinping] knows this.”
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