WASHINGTON (AFP) – While slapping duties on steel and aluminium imports, President Donald Trump struck a more conciliatory tone towards China, pointing to negotiations under way to trim Washington’s soaring bilateral trade deficit with Beijing..
WASHINGTON (AFP) – While slapping duties on steel and aluminium imports, President Donald Trump struck a more conciliatory tone towards China, pointing to negotiations under way to trim Washington’s soaring bilateral trade deficit with Beijing.
“We’re negotiating now with China. We’re in the midst of a big negotiation. I don’t know that anything is going to come of it,” Trump said at the White House on Thursday (March 8) while rolling out the new trade barriers.
“They have been very helpful. President Xi, I have great respect for, lot of respect,” Trump added. “We’re going to cut down the deficits one way or another.”
Trump claimed the US had a trade gap with China of “at least US$500 billion (S$657.
