ICYMI: Trump warns China not to wait for 2020 election to make trade deal via ReutersTV
WASHINGTON - U.S. President Donald Trump on Tuesday warned China against waiting out his first term to finalize any trade deal, saying if he wins re-election in the November 2020 U.S. presidential contest, the outcome will be worse for China.
U.S. and Chinese officials restarted negotiations after talks stalled in May, in a bid to end the year-long trade war marked by tit-for-tat tariffs, but must still resolve deep differences, keeping expectations for this week’s two-day meeting low. The Commerce Department put Huawei on a national security blacklist in May, effectively banning U.S. firms from selling to Huawei, a move that enraged Chinese officials.
Speaking later to reporters at the White House, Trump said the trade talks were going well with China, but added the United States would “either make a great deal or no deal at all.”The U.S. negotiating team arrived for talks in Shanghai Tuesday afternoon but there was no sighting of U.S. Trade Representative Robert Lighthizer or U.S. Treasury Secretary Steven Mnuchin.
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