Tuesday, President Trump said that trade talks between the United States and China were going well, though he warned that he would be “tougher” in negotiations if they dragged on until his 2nd term.
“We are doing very well in our negotiations with China,” President Trump wrote on Twitter, arguing that Beijing could not afford to drag its feet in talks given the damage US tariffs were inflicting on its economy.
President Trump said if the United States and China did not resolve their trade dispute and he won re-election, “Deal would get MUCH TOUGHER! In the meantime, China’s Supply Chain will crumble and businesses, jobs and money will be gone!”
President Trump has publicly repeated his belief that Beijing is trying to slow-walk trade negotiations in the hopes a victory by a Democratic Presidential candidate in Y 2020 may lead to better terms in an agreement.
Sunday, Washington began imposing 15% tariffs on an array of Chinese imports, while China began placing new duties on US Crude Oil.
Chinese Vice Premier Liu He said early Tuesday that China “vehemently” opposes a trade war.