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China wants to make a deal, US doing very well in trade negotiations: Trump

Trump argues that China has skewed the trading rules for decades and must agree to substantial reductions in import barriers, while boosting protection for US intellectual property

AFP | PTI  |  Washington 

Donald Trump
Donald Trump. Photo: Reuters

US President said Thursday that Washington is doing "very well" in trade talks with China and that is keen to strike a deal ending their trade war.

China "wants to make a deal," he said at the "We're doing very well in the negotiations." Data showing China's economy grew at its weakest pace in three decades have fuelled fears it is heading for a rocky patch, exacerbated by the pressure from US tariffs.

argues that China has skewed the trading rules for decades and must agree to substantial reductions in import barriers, while boosting protection for US intellectual property.

However, the tit-for-tat tariffs between the world's two main economic powers have also hurt US economic confidence and markets are waiting anxiously for a deal.

On Wednesday, Chinese Vice President told an audience at the in that "the Chinese and US economies are mutually indispensable, so their relations must be mutually beneficial and win-win.

First Published: Thu, January 24 2019. 02:35 IST
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