Donald Trump confident trade deal between US and China WILL be reached
President Trump seems confident a trade deal can be made between the US and China
China has announced it would welcome a visit from US Treasury Secretary Steven Mnuchin as the world’s two largest economies look to finally put an end to months of speculation about the prospect of a trade war.
Mr Trump, speaking alongside French president Emmanuel Macron, said: “China’s very serious, and we’re very serious. We’ve got a very good chance at making a deal.”
The tensions between the US and China has been building up for some time now, after Trump announced a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum, with the aim of protecting the US industry.
In response China put a 25 percent levy on US imports, such as soybeans, cars and whiskey.