Trump Pick John Bolton Warns Of ‘A Little Shock Therapy’ With China Tariffs

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President Trump’s incoming national security adviser John Bolton said Sunday he hopes impending economic tariffs against China could be “a little shock therapy” for the country.

Bolton pointed to Trump’s announcement Thursday that the U.S. would impose up to $60 billion in tariffs against China over what he called its unfair trade practices. China has already threatened reciprocal tariffs over the move.

“I don’t think anybody is looking to have a trade war,” Bolton told New York AM 970 radio host John Catsimatidis in an interview broadcast Sunday.

“For far too long China has taken advantage of its place in the world … the trade arrangements it has with the United States and other countries,” he continued.

“The United States lives by these agreements,” Bolton said. “All we’re asking for here is for the Chinese to do the same. So I think this could be a little shock therapy, get their attention, and hopefully it’ll have a good impact.”

 

Read more at The Hill.

{Matzav.com}


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