“The US has been losing, for many years, $600 to $800 billion a year on trade. With China, we lose $500 billion. Sorry, we’re not going to be doing that anymore!” Trump tweeted.
The tweet, a follow-up of a series of tweets a day earlier, is indicative of the fact that Trump does not want to wait any longer on trade negotiations with China and he is increasingly believing that Beijing deliberately wants to delay the trade talks.
Earlier, a Chinese official in Beijing said that China's top trade envoy is preparing to travel to Washington for crucial talks, despite Trump threatening to impose more punishing taxes on $200 billion worth of Chinese products, citing slow progress in negotiations.