In the midst of an escalating tariff war, US President Donald Trump said that he is sure that he has a “very good deal” with China. The announcement came a day after the US announced that China will now be confronted with rates up to 245 percent on import goods in the US, “as a result of its retaliation actions”.
This is amidst Trump's meeting with Italian Prime Minister Giorgia Meloni in Washington. She will be the first European leader to have face-to-face conversations with him, because he hit the rates about European exports and then suspended.
“We're going to make up for China,” said US President Donald Trump. When he was asked if the US would worry because the allies are getting closer to China, he replied: “No”.
“Nobody can compete with us,” he adds. “I think we're going to make up for China very well.”
Trump claimed that China was willing to have a meeting with the US.
“Yesterday had a very productive call with the president of Mexico. Likewise I met the Japanese traders of the highest level. It was a very productive meeting. Every nation, including China, wants to meet each other! Today, Italy!” He said.
Donald Trump believes that it is up to China, not the United States, to come to the negotiating table about trade, the White House said on Tuesday, after the US President Beijing accused of reneging a large Boeing deal.
“The ball is in the Chinese court. China has to close a deal with us. We don't have to close a deal with them,” said a statement by Trump read by press secretary Karoline Leavitt during a briefing.
“There is no difference between China and another country, except that they are much larger,” she added.
China told Washington on Wednesday to “stop threatening and blackmailing” after the US President Donald Trump said it was up to Beijing to come to the negotiating table to discuss their trade war.
“If the US really wants to solve the problem due to dialogue and negotiation, stopping extreme pressure must stop, stop threatening and blackmailing and talking to China on the basis of equality, respect and mutual benefit,” said spokesperson for the Ministry of Foreign Affairs Lin Jian.
“The position of China has been very clear. There is no winner in a rate or a trade war,” said Lin. “China doesn't want to fight, but it's not afraid to fight.”
