[Reuters on the US President's Day 17]-US President Trump said on the 17th that an agreement could be reached on the issue of trade with China before the US presidential election next year or the day after the election.
Trump told reporters on a presidential plane heading from New Mexico to California that China hopes that another person will win in next year's presidential election, but still expects himself to be re-elected. Pointed out. He said he told China that if the agreement was post-election, the terms would be “extremely worse” than the agreement currently available.
“I will probably agree before the election or the day after the election in the near future. After the election, it will be the most wonderful agreement ever. China knows that,” he said.
The US and China will resume trade negotiations in Washington on 19th. Consultation will be in about two months. [nL3N2673RG]
Aiming to solidify the foundations for resolving trade conflicts before the ministerial talks expected in early October.
Last week, China announced that it would be exempt from additional retaliatory duties on some imported goods from the United States. The US has postponed the tariff increase for Chinese products worth US $ 250 billion, and has shown a stance of compromise. However, there is a strong skepticism among experts about early agreement between the United States and China. [nL3N2623F4]
Concerning this issue, Democrat Pelosi, Chairman of the Democratic Party, said that President Trump's intention to revise China's trade practices on the same day is correct, but China will damage US farmers and consumers. It is criticized that it led the result.
“It should have been negotiated among multiple countries, including the European Union (EU) and other countries.” “No matter what path we took to improve trade relations, it shouldn't have been possible for the partner country to damage our farmers and consumers,” he stressed.
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