Trump said the US isn’t ready to make a trade deal with China yet. He added “I think they probably wish they made the deal that they had on the table before they tried to renegotiate it”. And, “They would like to make a deal. We’re not ready to make a deal.”
Trump also threatened that tariffs on Chinese goods “could go up very, very substantially, very easily.” Though, “I think sometime in the future China and the United States will absolutely have a great trade deal, and we look forward to that,” Trump said. “Because I don’t believe that China can continue to pay these, really, hundreds of billions of dollars in tariffs. I don’t believe they can do that.”
Comments from China remained hard-line over the weekend, a commentary published by the official Xinhua News Agency accused the US of “scapegoating” China for its trade imbalance and domestic economic issues. And, “the United States is attempting to squeeze an unequal trade deal out of China, using measures such as tariff hikes and targeting its tech companies.”
