Washington – President Donald Trump expressed confidence Thursday about a future US-China trade deal. He stated this despite current economic tensions. No talks are scheduled to resume soon.
Trump Expects Deal
Trump spoke at the White House. A reporter asked about contacting Chinese President Xi Jinping. Trump stated, “Oh we’re going to make a deal. I think we are going to make a very good deal with China.” This statement conflicts with the current deadlock between the two economies. No clear plan exists for restarting trade talks.
China Urges End to Pressure
Earlier Thursday, China’s commerce ministry issued a statement. The ministry asked the United States to stop its “extreme pressure” on China’s economy. China stated mutual respect is needed for future talks. Both nations disagree on restarting talks. This stalemate causes market uncertainty. Significant US tariffs remain on Chinese goods. This strains the relationship.
NationalScoop