House Speaker Nancy Pelosi says President Donald Trump "had to do something" to challenge China's trade practices.
Speaker of the House, Nancy Pelosi, speaks with Mad Money's Jim Cramer at the NYSE on Sept. 17th. 2019.House Speaker Nancy Pelosi believes President Donald Trump had to challenge China's trade practices — she's just not sold that he took the right steps to hold Beijing accountable. The agriculture industry and businesses from other sectors have warned about damage from the widening trade war. On Tuesday, Pelosi said Trump should not have tried to address China's practices in a way that could open Americans up to financial pain.
The president has repeatedly claimed the conflict with Beijing will not harm the economy or raise costs for consumers. Still, he admitted last month that he delayed planned tariffs on some Chinese goods "for the Christmas season" in case "they might have an impact on people."
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