US-China trade talks going well, says Trump

US-China trade talks going well, says Trump

Agency News

Washington, May 4: US President Donald Trump says China and the US are “getting close to a very historic, monumental deal”.

Negotiations between Washington and Beijing on reaching a trade deal to end their tariff war are going “very well”, Trump said on Friday, according to a report in The South China Morning Post on Saturday.

Trump made the remarks in a meeting with Slovak Prime Minister Peter Pellegrini at the White House, as Chinese Vice-Premier Liu He prepares for the next round of talks in Washington next week.

“The deal itself is going along pretty well. I would even say very well. We’ll see what happens over the next couple of weeks,” Trump told reporters.

“But we’re getting close to a very historic, monumental deal. And if it doesn’t happen, we’ll be fine too. Maybe even better.”

Trump said the US was taking billions of dollars in tariffs from China.

“We’ve never taken in 10 cents from China, and now we’re taking in billions and billions of dollars. That’s had a very positive effect on things,” he said.

Trump said also that he and Russian President Vladimir Putin had discussed the possibility of extending their nuclear deal or creating a new one that included China.

“We’re talking about a nuclear agreement where we make less and they make less and maybe even where we get rid of some of the tremendous firepower that we have right now,” he said.

The Wall Street Journal reported last week that Liu would lead a delegation of more than 100 officials from over a dozen government agencies for the talks in Washington, which are set to start on Wednesday. (UNI)