Trump says trade deal 'coming along nicely' with China


U.S. President Donald Trump said on Wednesday a deal with Beijing to end a trade dispute between the two countries was coming along nicely, with U.S. negotiators poised to be in China next week for more talks.

Washington and Beijing have slapped import duties on hundreds of billions of dollars worth of each other’s products. The eight-month trade war between the world's two largest economies has raised costs, roiled financial markets, shrunk U.S. farm exports and disrupted manufacturing supply chains.

"The deal is coming along nicely," Trump said to reporters at the White House. He added that top U.S. negotiators were going to China this weekend "to further the deal."

Asked about lifting tariffs on China, Trump said: "We’re not talking about removing them. We're talking about leaving them for a substantial period of time because we have to make sure that if we do the deal," China abides by it. He did not elaborate.

Later, during a speech in Lima, Ohio, Trump emphasized again that he wanted the United States to reach a "great" trade deal with China.

"We're so far down, it's got to be a great deal. If it's not a great deal, you never catch up," Trump said in remarks made at a tank manufacturing plant.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will be in China next week for another round of trade talks, a Trump administration official said on Tuesday.

The face-to-face talks will be the first since Trump delayed a March 1 deadline to avert a rise in tariffs on $200 billion worth of Chinese imports to 25 percent from the current 10 percent.

© (c) Copyright Thomson Reuters 2019.

©2019 GPlusMedia Inc.

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"We’re not talking about removing them. We're talking about leaving them for a substantial period of time because we have to make sure that if we do the deal,"

So he's basically sabotaging the negotiations as they are going on. OK!

3 ( +3 / -0 )

"The deal is coming along nicely,"

Given Trump's foremost concern is increasing the value of the trump brand name while he's in office, I assume he means he and Ivanka are getting even more trademark deals arranged with China. Slimy businessman, slimier politician.

1 ( +2 / -1 )

Tell that to the workers at the GM plant at Lordstown that just closed Mr President...

You know, after you said during the campaign; “If I’m elected, you won’t lose one plant, you’ll have plants coming into this country, you’re going to have jobs again, you won’t lose one plant, I promise you that.”

Same promise as Mexico will pay for the wall, etc., etc...

What a liar and con-man...

1 ( +2 / -1 )

Trump says a lot of things, very few things that are true.

2 ( +3 / -1 )

When this deal is finalized, the U.S. economy is gonna really take off, to the detriment of the Democrats.

Too bad Obama and his predecessors didn't do squat about this mess, leaving it up to Trump to do something about it.

0 ( +1 / -1 )

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