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.
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 US$200 billion worth of Chinese imports to 25 percent from the current 10 percent.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US-China trade talks progressing quickly: Trump, MnuchinPresident Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final ...
Read more »
Trump says US doing well in trade talks with ChinaPresident Donald Trump said on Thursday the United States was doing very well in trade talks with China, but that he could not say whether a final ...
Read more »
Trump sees 'very good chance' of trade deal with China[WASHINGTON] US President Donald Trump said on Wednesday he sees a 'very good chance' of reaching a trade deal with China but is in 'no rush' to reach an agreement. Read more at The Business Times.
Read more »
Trump expects China trade war decision within 4 weeksWASHINGTON (AFP) - President Donald Trump said Thursday (March 14) that trade war negotiations with China should wrap up within four weeks and expressed optimism about striking a deal.. Read more at straitstimes.com.
Read more »
Trump sees 'very good chance' of trade deal with ChinaWASHINGTON: US President Donald Trump said on Wednesday (Mar 13) he sees a 'very good chance' of reaching a trade deal with China but is in 'no ...
Read more »
Trump says he is in no rush to complete China trade dealU.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection ...
Read more »
Senate rebukes Trump on border emergency, president vows vetoPresident Donald Trump suffered an embarrassing defeat Thursday at the hands of US senators, including fellow Republicans, who voted to terminate ...
Read more »
China tariffs may remain for 'substantial period': TrumpWASHINGTON: US President Donald Trump said on Wednesday (Mar 20) that US tariffs on Chinese imports could remain in place for a 'substantial ...
Read more »
China and US to push back Trump-Xi summit to at least April: BloombergA meeting between U.S. President Donald Trump and Chinese President Xi Jinping to resolve the ongoing trade war won't take place this month and is ...
Read more »
Trump hosts 'Trump of the Tropics' Bolsonaro at White HouseFinally, Trump of the Tropics - Brazilian President Jair Bolsonaro - is meeting the Bolsonaro of the North - Donald Trump himself.
Read more »