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WASHINGTON (AP) — President Donald Trump on Wednesday acknowledged his tariffs could result in fewer and costlier products in the United States, saying American kids might "have two dolls instead of 30 dolls," but he insisted China will suffer more from the trade war. The Republican president has tried to reassure a nervous country that tariffs will not provoke a recession, after a new government report showed the U.S. economy shrank during the first three months of the year. Trump was quick to blame his Democratic predecessor, Joe Biden, for any setbacks while telling his Cabinet that his tariffs meant…
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May 10, 2025
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