The Latest: Trump defends new trade policies in tweet

The Latest: Trump defends new trade policies in tweet
The Latest: Trump defends new trade policies in tweet

The Latest on President Donald Trump (all times local):

9:25 a.m.

President Donald Trump is defending his new trade policies, saying trade practices by other countries are "Not acceptable!"

Trump has imposed penalty tariffs on steel and aluminum imports from major U.S. trading partners, including Canada. And he has threatened tariffs on up to $200 billion in Chinese imports, moves that could trigger a global trade war as the targeted nations pledge to retaliate.

In a tweet Monday, Trump wrote: "China already charges a tax of 16% on soybeans. Canada has all sorts of trade barriers on our Agricultural products. Not acceptable!"

Senate Republicans are already concerned that the tariffs could dampen the economic gains from the GOP tax cuts and sour the mood among voters as lawmakers are campaigning to protect the Republican majority in Congress.

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8:23 a.m.

President Donald Trump is touting what he sees as his top accomplishments after 500 days in office.

On Twitter Monday Trump says: "we have accomplished a lot - many believe more than any President in his first 500 days."

Trump continued: "Massive Tax & Regulation Cuts, Military & Vets, Lower Crime & Illegal Immigration, Stronger Borders, Judgeships, Best Economy & Jobs EVER, and much more..."

Trump has signed substantial tax cuts into law and has successfully nominated a slew of conservative judges. Economic expansion continues and the unemployment rate has hit an 18-year low.

Illegal border crossings, as Trump measures them, have gone up since he took office and he is still seeking more funding for a long-promised wall along the U.S.-Mexico border.

This article was written by cool news network.

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