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.
