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Trump has also threatened to slap punitive tariffs on French wines if France goes ahead with the digital services tax that targets tech giants such as Google, Facebook and Amazon.

Trump last year pulled out of an international nuclear deal with Iran, saying Tehran was "not living up to the spirit" of the agreement, and reimposed sanctions. Under the 2015 deal, Iran agreed to restrictions on its nuclear activities in exchange for the lifting of sanctions.

Trident Seafoods has been selling fish in China for 20 years, but many Chinese consumers don't recognize the company's three-pronged logo nor know its products as a brand, according to an online report by Alaska's Energy Desk.

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Trump announced at the White House that the Turkish government had informed the United States earlier in the day that Turkish forces would stop their offensive in Syria, keeping the cease-fire "permanent."

Trump told reporters at the White House that Qatar is investing heavily in the United States, buying military equipment and commercial planes.

Trump on Monday declared "very successful" what he had billed as a sweeping operation to arrest undocumented immigrants this past weekend. US authorities launched small-scale operations aimed at about 2,000 recently arrived families in about 10 cities.

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Trump has often described trade deficits as a loss for the US and a win for its trading partners, such as China, Mexico, Japan and Germany, a view that is dismissed by most economists.

Tse also points out that, unlike in the United States, entrepreneurial opportunities are found throughout the country. "The mass innovation and entrepreneurship advocated by Premier Li Keqiang is spreading all over China. That is a major source of resilient growth. Beijing, Shenzhen and Hangzhou are really famous for innovation, but you get innovators all over, including in some of the smaller towns. Plus, they are spreading across a range of different sectors, not just one or two," he says.

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Trudeau on Monday expressed his sympathies for those involved.

Trump's program would provide a needed booster shot to the economy ravaged by the spread of the coronavirus, and while it may prevent the economy from slipping into a recession, it provides no immediate relief. When the economy recovers, the US will be stuck with the bill and interest payments could suck more money out of the private economy.