WASHINGTON: Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday (Sep 3) sent stern warnings to China, ...
WASHINGTON: Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations.
"While I am sure they would love to be dealing with a new administration ... 16 months PLUS is a long time to be haemorrhaging jobs and companies," Trump said, claiming China's deteriorating economy could ill afford to wait.....And then, think what happens to China when I win.
The grim results for the US manufacturing sector were only the latest sign of softening US economy, which has seen slower hiring and a sharp drop off in investment by businesses.Chinese state media reported on Tuesday that Republican Senators Steve Daines and David Perdue had met in Beijing with Vice Premier Liu He, China's top negotiator in the trade talks.
US and Chinese negotiations are due to resume this month after a sharp deterioration in the year-long trade war in August. But Bloomberg reported Tuesday the effort may be faltering.
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