Trump predicts US will reach a good trade deal with China
WASHINGTON (REUTERS) – US President Donald Trump said on Friday (Nov 2) that a lot of progress had been made with China on trade, and he predicted the world’s two largest economies would reach a very good deal.
Speaking to reporters at the White House before departing for a campaign event, Trump confirmed that he would meet with Chinese President Xi Jinping when they are in Argentina for a Nov 30-Dec 1 summit of the Group of 20 nations.
“We’ve had very good discussions with China. We’re getting much closer to doing something,” Trump said. “They very much want to make a deal.”
“I think we’ll make a deal with China and I think it will be a very fair deal for everybody,” he added.
Earlier, the White House’s top economic adviser, Larry Kudlow, said the United States and China were not close to a deal to resolve their trade differences, and he was less optimistic than previously that such an agreement would come together.
Trump said if the United States could strike a fair deal with China that would open up its market, he would be very willing to do so.
He said trade would be a topic when he gets together with Xi over dinner.
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