Trump optimistic about upcoming trade talks with China: ‘I really believe they want to make a deal’
Negotiators set to meet Monday in Beijing
President Donald Trump expressed optimism about trade negotiations with China as U.S. officials are expected in Beijing for talks aimed at easing a trade battle.
Trump said Sunday he spoke recently to Chinese President Xi Jinping. Trump said:
“I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.”
After several tit-for-tat tariff increases, the leaders agreed Dec. 1 to postpone further hikes.
American officials are due in Beijing on Monday.
Both governments face pressure to reach a settlement.
Chinese economic growth fell to 6.5% in the quarter ending in September. Third-quarter U.S. growth was 3.4% and unemployment is at a five-decade low.
But surveys show consumer confidence is weakening due to concerns about growth.
www.marketwatch.com
Trade War media, page-3
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