Trump Says 'Very Good Chance' of a U.S.-China Trade Deal

Trump believes that officials from both sides would sit down for negotiations in a few days.

CapitalWatch Staff
    Apr 24, 2018 10:11 AM  PT
Trump Says 'Very Good Chance' of a U.S.-China Trade Deal
author: CapitalWatch Staff   

"We have a very good chance of making a deal,"  said U.S. President Donald Trump on Tuesday. 

Trump believes that officials from both sides would sit down for negotiations in a few days, and that there is a good chance of China and the United States ending the ongoing trade spat with a trade agreement.

Earlier, China said it would welcome a visit by U.S. Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense trade dispute between the world's two largest economies after Trump threatened to impose tariffs on Chinese imports.

The trip to China will be the first for Treasury Secretary Steven Mnuchin, who has been in office since February 2017. In contrast, his predecessors typically went to China during their first months in the role.

"China's very serious, and we're very serious," Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing. "We've got a very good chance at making a deal."

Trump, speaking at the White House following a meeting with French President Emmanuel Macron, also said the United States was engaged in serious trade talks with the European Union, adding that U.S.-France trade relations were very good

"I would rather deal just with France," he said.

Trump also said negotiations with Mexico and Canada over the North American Free Trade Agreement(NAFTA) were proceeding "very nicely."

(Reuters contributed to this article)

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