Trump says U.S. is having tremendous success with China on trade

President Donald Trump said on Thursday the U.S. was having tremendous success in its trade negotiations with China, a day after officials of the two countries concluded three days talks in Beijing.

The meetings in China were the first face-to-face talks since Mr Trump and Chinese President Xi Jinping met in Buenos Aires in December and agreed a 90-day truce in a trade war that has disrupted the flow of hundreds of billions of dollars of goods.

Mr Trump, a Republican, has accused China of cheating the U.S. on trade and stealing the country’s intellectual property, though he often say he has a good personal rapport with Mr Xi.

“We’re negotiating and having tremendous success with China,” Mr Trump said as he left the White House on a trip to the U.S. border with Mexico on the 20th day of a partial shutdown of the U.S. government.

He did not elaborate.

He added that he found China to be in many ways “far more honorable” than congressional Democratic leaders Sen. Chuck Schumer and House Speaker Nancy Pelosi.

Mr Trump is locked in a stalemate with congressional Democrats over his demand for $5.7 billion in partial funding to build a wall on the U.S.-Mexico border.

The dispute triggered a shutdown of about one-quarter of the federal government, and Mr Trump has said he will not sign any bill to reopen the government that does not include funding for the wall.

“I think that China is actually much easier to deal with than the opposition party,” he said.

Washington has presented Beijing with a long list of demands that would rewrite the terms of trade between the world’s two largest economies.

They include changes to China’s policies on intellectual property protection, technology transfers, industrial subsidies and other non-tariff barriers to trade.

Some 40 days into the 90-day truce, there were few concrete details on progress made so far.

The meetings in Beijing this week were not at a ministerial level, so were not expected to produce a deal to end the trade war.

(Reuters/NAN)

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.