Trump defends stance on China trade after new tariffs

U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill."Things are going along very well with China.Trump abruptly decided on Thursday to slap 10% tariffs $300 billion in Chinese imports, stunning financial markets and ending a month-long trade truce.