Trump claims China ‘very badly’ wants a trade deal with US
China “very badly” wants to have a trade deal with the US, President Donald Trump has said ahead of a meeting with his Chinese counterpart Xi Jinping in Argentina on the sidelines of the G20 Summit.
China and the US are currently locked in an ongoing trade war as each country has introduced tariffs on goods traded between each other.
Trump has promised to fix China’s “long time abuse of the broken international system and unfair practices”.
Over the past six months, Trump has imposed additional trade tariffs on import of Chinese products worth $250 billion. He said another tariff of equal amount is in the pipeline.
Trump and Xi are scheduled to meet on the sidelines of the G20 summit in Argentina on November 30 and December 1.
The US president said that the US was doing very well with China.
“We’re doing very well with China. China wants to make a deal with us very badly. They might not say that to you, but
WASHINGTON:
they want to make a deal very badly,” Trump told reporters at the White House before leaving for his personal Mar-a-Lago resort in Florida to spend Thanksgiving holidays.
He said the US will impose another $250 bn on China if there is no deal.
“I have another $250 bn worth of tariffs to put on if we don’t make a deal with China. Believe me, I’ll be putting them on because China has been ripping off our country for many, many years. And they don’t rip us off with me,” Trump said.