Trump Hails ‘Good Intent and Spirit’ of Trade Talks With China

anastasios pallis

President Trump said Thursday that trade negotiations with China were going well but that no final agreement would be reached until he met with President Xi Jinping.

Mr. Trump, in a series of morning Twitter posts, said there was “good intent and spirit” on both sides of the talks. He asserted that China wanted to make a deal so that the United States does not increase tariffs on $200 billion of Chinese imports on March 2.

[Why the trade talks are unlikely to resolve all issues by the deadline.]

The president is scheduled to meet with Liu He, China’s vice premier, in the Oval Office on Thursday, the second day of talks between American and Chinese officials who are trying to hash out what Mr. Trump called a “comprehensive transaction.”

The United States wants China to commit to buying American goods and services in large quantities to reduce America’s trade deficit, and to agree to make sweeping structural changes to the Chinese economy.

Mr. Trump said that he and Mr. Xi could meet to finalize an agreement in the near future. Mr. Trump could see Mr. Xi in February if he travels to Asia for his next summit meeting with Kim Jong-un of North Korea. That would give them the opportunity to complete an agreement if the talks are on track.

This article is from NYT – go to source

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