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Trump Asks for Draft Trade Deal With China

05 November 2018

In an interview on Fox News Channel's "The Ingraham Angle" show on Monday, Trump did not specifically mention the potential withdrawal of tariffs, but said he expects "a great deal" with China. A US Embassy spokesman said on Thursday in Beijing that the Trump administration had no plans to send a high-level representative to the expo, adding that China needed to make the necessary reforms to end what the US says are unfair trade practices.

Background: Trump and Xi are expected to meet at the G-20 summit on either November 30 or December 1.

"I think we'll make a deal with China, and I think it will be a very fair deal for everybody", Trump said Friday at the White House before leaving for political rallies in West Virginia and Indiana.

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"We've had a very good discussions with China, we're getting much closer to doing something", President Trump said before departing the White House for a campaign event. He will certainly bring the subject to the table when he dines with the Chinese president Xi Jinping at the G20 meeting in Argentina later this month.

Trump told reporters in Washington that "I know they want to make a deal". He said trade would be a topic when he gets together with Xi over dinner. "As the president said, we would like to talk to them about it, but they may not be ready". China also said that the telephone conversation was "positive".

Chinese state media said Trump also expressed support for a conference in Shanghai next week that Xi is using to promote the country as an import destination.

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President Trump's comments came a day after a phone call with President Xi that he described as "very good".

The Trump administration on Monday took action to cut off a Chinese state-backed semiconductor maker from USA exports of components, software and technology goods.

The US this year has already imposed tariffs on $250 billion in trade with China. He stressed that the United States has made significant progress in trade with China.

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A key point of contention for the USA has been its allegations that China has engaged in widespread intellectual property theft.

Trump Asks for Draft Trade Deal With China