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Trump says US will not make a trade deal with China | Trump says US will not make a trade deal with China |
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US president Donald Trump said that, while talks are progressing with Beijing, no deal has been reached for now, as the two countries attempt to resolve an ongoing trade dispute. | US president Donald Trump said that, while talks are progressing with Beijing, no deal has been reached for now, as the two countries attempt to resolve an ongoing trade dispute. |
The president told reporters on Friday that he would like to see more movement in the trade talks, but that Washington was not ready to finalize an agreement. | |
“China wants to do something on trade, but I’m not ready to do anything yet,” President Trump said. | |
He added that for now, “the US is not going to do business with Huawei,” the Chinese telecommunications firm, but said that could change in the event a deal is reached. | |
Washington and Beijing have been embroiled in a trade war in recent months, with American tariffs currently imposed on $250 billion worth of Chinese goods, while the president has threatened additional penalties on another $325 billion in trade. Beijing has responded with its own tariffs on American goods to the tune of $110 billion, and has also vowed to step up the measures. | |
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