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Trump calls for fair trade deal with China amid ongoing tensions

US President Donald Trump said on Sunday that the United States met many countries to discuss trade agreements. He also recognized that his main priority with China is to conclude a fair trade agreement.

China was the main objective of Trump in its pricing strategy, which made people respond to Beijing with reprisals, reaching up to 145% on American products. China believes that relations can improve, while Trump told NBC News yesterday, it is open up to American prices at some point.

Trump is looking for a fair trade agreement with China

US President Donald Trump told journalists in the Air Force One that the United States met with many countries, including China. He also mentioned that his main priority with China was to conclude a fair trade agreement.

Trump said he didn't intend to speak with Chinese President Xi Jinping this week. He added that US officials are currently talking with Chinese officials from various different things.

“We went to the cold turkey.

~ Donald Trump, The 45th President of the United States

When the president was invited to find out if commercial agreements would be announced this week, he said it could “Alright” But gave no details. US officials have engaged During several meetings with business partners since Trump, April 2, imposed a price of 10% on most countries.

He also imposed higher rate rates for many business partners who were then suspended for 90 days. The president also issued 25% of prices on cars, steel and aluminum, 25% of prices in Canada and Mexico, and 145% prices on China.

Trump suggested that he did not expect to reach an agreement with certain countries but could rather be “Define a certain price” For these business partners in the next two or three weeks. He did not specify if he referred to the reciprocal prices announced on April 2, due to July 8 after a 90 -day break.

The president persisted that China had been “Ripping” The United States for many years on world trade. He added that the decision of former president Richard Nixon to reach out and establish relations with China was “The worst thing” He never did it.

Trump expressed his optimism about China and the prospects of reaching an agreement in an interview with NBC News on Sunday. He said in the interview he had been “Very hard with China”, This has reduced trade between the two best world economies. The president also added that Beijing now wanted to reach an agreement.

Trump refers to trade agreements with many countries

Trump has raised hopes for countries seeking to avoid higher prices after declaring that his administration could conclude trade agreements with certain countries this week. The president said that his administration negotiated with many countries, but at the end of all this, it is up to him to conclude the agreement and not the other countries.

Trump recognized last week the United States “potential” Trade takes care of India, South Korea and Japan. The president's trade war has caused fluctuation in world markets, which raises concerns about economic disorders and pressure on the US dollar. Bureau of Economic Analysis data showed last week that the US gross domestic product had dropped for the first time in three years.

The United States has imposed some of the highest reciprocal tariffs on Asian economies, but has led trade discussions with Trump administration in front of Western countries. Japanese sales negotiator Ryosei Akazawa said he hoped for the country to conclude a trade agreement with the United States by June, after the last series of talks in Washington last week.

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