China Trade Deal Shock – Trump Just Announced…
President Donald Trump agreed on Saturday to delay instituting tariffs on an additional $325 billion in Chinese goods while the U.S. and China meet to discuss a trade deal, One America News Network reported.
Trump’s assertion came after a meeting with Chinese President Xi Jinping at the G20 Summit. Trade talks had stalled in May after the leaders couldn’t agree on how to enforce an agreement.
“I look forward to working with you, as you know we’ve had a excellent relationship, but we want to do something that will even it up with respect to trade,” said President Trump to President Xi.
Treasury Secretary Steve Mnuchin says a China deal is 90% complete and expects it to be finished by the end of the year.
“It would be historic if we could do a fair trade deal. We’re totally open to it and I know you’re totally open to it,” Trump finished.
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