Trump's comments come amid conflicting reports about how close the world's two largest economies are to reaching a deal, and just what China is willing to concede.
President Donald Trump said Wednesday that his administration's tariffs on Chinese imports could stay in place indefinitely until Beijing complies with a still-developing trade deal – which the president said"is coming along nicely."
The president's comments come amid conflicting reports about how close the world's two largest economies are to reaching a deal, and just what China is willing to concede in talks. Negotiations will restart next week when U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin travel to Beijing.
"President Xi [Jinping] is a friend of mine," Trump said."The deal is coming along nicely. We have our top representatives going there this weekend to further the deal." The president has used the duties as a negotiating tool to push China toward a trade agreement. The Trump administration has so far put tariffs on $250 billion worth of Chinese imports. China has slapped duties on $110 billion in U.S. products.
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