President Donald Trump has said American children may just have to live with fewer toys if his trade policy results in store shelves going empty.

“Maybe the children will have two dolls instead of 30, and maybe the two dolls will cost a couple of bucks more than they would normally,” Trump said during a Cabinet meeting at the White House when asked about the prospect of stores nationwide having empty shelves as a result of him ratcheting up tariffs on China.

US businesses already are cancelling orders from China and postponing plans for expansions as they brace for the........

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