By MIKE MURPHY
President Donald Trump speaks to the media before boarding Marine One on Tuesday at the White House
President Donald Trump said Tuesday that he won’t proceed with new trade talks with China unless Beijing agrees to terms previously agreed upon.
Speaking to reporters outside the White House before leaving for a trip to Iowa, President Trump made it clear that he won’t budge without “a great deal,” and accused Chinese officials of reneging on promises made at earlier negotiations.
President Donald Trump said Tuesday that he won’t proceed with new trade talks with China unless Beijing agrees to terms previously agreed upon.
Speaking to reporters outside the White House before leaving for a trip to Iowa, President Trump made it clear that he won’t budge without “a great deal,” and accused Chinese officials of reneging on promises made at earlier negotiations.
“China wants to make a deal very badly,” President Trump said.
“It is me right now that is holding up the deal. And we’re going to either do a great deal with China or we’re not going to do a deal.”
“We had a deal with China and then they went back on the deal,” President Trump said.
“We had a deal with China and then they went back on the deal,” President Trump said.
“They said we don’t want to have four major points, five major points.”
He did not specify what those points of contention were.
President Trump’s comments came a day after he threatened to raise tariffs to 25% on $300 billion of Chinese imports if Chinese dictator Xi Jinping doesn’t meet with him at the upcoming G-20 summit in Japan.
President Trump’s comments came a day after he threatened to raise tariffs to 25% on $300 billion of Chinese imports if Chinese dictator Xi Jinping doesn’t meet with him at the upcoming G-20 summit in Japan.
“Tariffs are a beautiful thing,” Trump told CNBC on Monday, arguing that tariffs will eventually force China to make a trade deal.
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