Skip to main content

Trump: China wants to 'make a deal' on trade


President Trump on Monday said that China contacted U.S. trade representatives overnight and asked to “get back to the table” on trade negotiations.

Trump said that China wants “to make a deal,” referencing media reports quoting a top Chinese official saying that Beijing is willing to resolve the ongoing trade war through “calm” negotiations with the United States.

“China called, last night, our top trade people, and said, 'Let's get back to the table,’” Trump told reporters during a meeting with Egyptian President Abdel-Fattah el-Sisi on the sidelines of the Group of 7 (G-7) summit in Biarritz, France.

“So, we'll be getting back to the table. And I think they want to do something. They've been hurt very badly, but they understand this is the right thing to do. And I have great respect for it. I have great respect for it. This is a very positive development for the world,” Trump continued.

Trump also described Chinese President Xi Jinping as a “great leader,” marking a reversal from Friday, when he suggested the Chinese leader was an “enemy” of the United States after Beijing announced a new round of reciprocal tariffs on American goods.

Trump said his administration received two calls from Chinese officials, but declined to say whether he is speaking with Xi directly.

“They mean business. They want to be able to make a deal. It's very important that -- yeah, I think it's very important for them,” Trump said.

Trump said negotiations would start “very shortly” and predicted both sides are “going to make a deal.”

Meanwhile, Chinese Foreign Ministry spokesman Geng Shuang said he did not know of any phone calls between the two countries, Reuters reported.

Trump's latest statements further underscore his shifting messages on the widening trade war with China. The Trump administration first levied tariffs on Chinese goods over a year ago, and while both sides appeared to near a deal earlier this year, talks eventually broke down.

The president's remarks come one day after he said he had second thoughts about escalating the trade war with China last week by announcing increased tariffs on Chinese goods in response to the new round of tariffs from Beijing.

The White House later insisted in a statement that Trump’s only regret was not imposing higher tariffs.

Trump has in recent weeks endured increased scrutiny for his ongoing trade war with China, which has been blamed in part for the weakening of the global economy. Trump’s announcement that he would respond to China’s reciprocal tariffs sent stocks falling on Friday.

During a later meeting Monday with German Chancellor Angela Merkel in Biarritz, Trump said he was open to delaying planned tariffs on China while the talks play out.

“Anything’s possible. We’re having very meaningful talks. Much more meaningful than at any time, I would think. China is a great country, I would consider President Xi to be a great leader,” Trump said.

The U.S. is set to impose tariffs on more than $500 billion in Chinese goods come Sept. 1.

Comments

Popular posts from this blog

First confirmed case of COVID-19 in Canyon

The Amarillo Area Public Health has confirmed 1 case of coronavirus (COVID-19) in Canyon.

"Due to sensitive information we are not able to share details regarding this case," the city said in a statement.

On Monday, Canyon Mayor Gary Hinders hosted a Facebook Live giving details of Canyon’s response to COVID-19 Status Level Red, which is aligned with the City of Amarillo and new Amarillo Public Health guidance.

Effective immediately, Amarillo Public Health has updated its coronavirus (COVID-19) Level to RED. This is the highest alert level, indicating there are widespread confirmed cases of COVID-19 in Amarillo and the surrounding area.

Hinders issued stay at home guidelines, that went into effect tonight, (March 30) at 11:59 pm and will be in place at least through Monday, April 13, 2020.

"We ask that residents stay at home except for outings essential to their own health, safety, and welfare and that of their family members," the city said.

Under these guideline…

Grocery stores impacted by COVID-19 outbreak

With the continued spread of COVID-19, many grocery stores throughout the area have been facing changes in operations as well as economic impacts.

Nancy Sharp, manager of communications and community engagement for the United “family,” which includes all Llano Logistics, RC Taylor, United Express, Amigos, Market Street and United Supermarkets, said COVID-19 has many people doing some fear-driven, panic-type buying, causing a significant increase in traffic in stores and people purchasing items.

The closure of dining establishments has also impacted sales as more people are cooking at home, which Sharp said has provided an increase to grocery stores across the country. The increase in traffic has also increased the amount of people who are working in the stores and the need for additional cleaning.

“We are cleaning multiple times a day, multiple surfaces. And so that has definitely increased the number,” Sharp said. “We're restocking several times a day; that also has increased th…

White House projects between 100,000 and 240,000 American deaths from coronavirus

President Trump's top health advisers said Tuesday that models show between 100,000 and 240,000 Americans could die from the novel coronavirus even if the country keeps stringent social distancing guidelines in place.

Without any measures to mitigate the disease's spread, those projections jump to between 1.5 and 2.2 million deaths from COVID-19.

The models, which were displayed at a White House press briefing Tuesday, underpinned Trump's decision to extend social distancing guidelines to the end of April.

Dr. Deborah Birx, the White House coronavirus task force coordinator, explained the data, urging the public to steel for difficult weeks ahead while expressing hope that the efforts would reduce the spread of the coronavirus. 

“There’s no magic bullet, there’s no magic vaccine or therapy. It’s just behaviors,” Birx said, adding that it would be those behaviors that could change “the course of the viral pandemic.”

Second COVID-19 case confirmed in Canyon

The Amarillo Area Public Health has confirmed a second positive case of coronavirus (COVID-19) in Canyon. Due to sensitive information the City of Canyon is not provided details on any cases.

Last week, Mayor Gary Hinders hosted a Facebook Live giving details of Canyon’s response to COVID-19 Status Level Red, which is aligned with the City of Amarillo and new Amarillo Public Health guidance.

Effective immediately, Amarillo Public Health has updated its coronavirus (COVID-19) Level to RED. This is the highest alert level, indicating there are widespread confirmed cases of COVID-19 in Amarillo and the surrounding area.

Hinders issued stay at home guidelines, that went into effect March 30 at 11:59 pm and will be in place at least through Monday, April 13, 2020.

"We ask that residents stay at home except for outings essential to their own health, safety, and welfare and that of their family members," the city said.

Under these guidelines, all businesses, except those essenti…

First COVID-19 death in Lubbock: City confirms 10 additional cases

The City of Lubbock confirmed its first COVID-19 related death in a news release on Saturday. The individual was a male in his 60s who had underlying health conditions and was a resident of Lubbock, according to the release.

As of 5 p.m. on Saturday, the City of Lubbock has confirmed 10 additional cases of COVID-19, bringing the total number of cases in Lubbock County to 41, according to the release.

The Texas Department of State Health Services has reported additional cases of COVID-19 in the surrounding areas to Lubbock County, including seven in Hockley County, one in Terry County, one in Gaines County, one in Hale County and one in Yoakum County, according to the release.

The City of Lubbock Health Department will continue monitoring individuals to reduce the risk of the transmission of COVID-19, according to the release.