US Commerce Secretary Wilbur Ross said yesterday that “we are optimistic we can get something done” on US-China trade deal. And, “if our negotiators felt there was no hope, they would have stopped.” Though, he also reiterated President Donald Trump was “OK either way” with or without a deal.
Ross said “he likes the tariffs we’re collecting. It hasn’t hurt import prices — they’re actually down from a year ago — it hasn’t hurt consumer spending, so it doesn’t bother us.” Trump said earlier in a cabinet meeting that “China’s got to make a deal that I like, if they don’t, that’s it.”
