Donald Trump confident of fair trade deal with China

Donald Trump confident of fair trade deal with China

"Xi noted in the conversation that China has repeatedly made clear its stance on bilateral ties, and hopes that both countries will promote a healthy, stable development of bilateral ties", Xinhua said of the call.

'The economic teams of the two countries should strengthen contact, conduct consultations on issues of mutual concern, and push for a mutually acceptable solution to China-US economic and trade issues, ' Xi said.

Trump's latest comments come after he had a "long and very good" discussion with his Chinese counterpart on Thursday on trade.

The administration is doing "normal, routine preparation" for Trump's meeting with Xi.

The U.S.is on track to post its biggest foreign trade deficit in a decade, Market Watch reported.

China and the United States are locked in an increasingly bitter trade war, and have placed tariffs on some of each others' imports.

"This seems a flawless way to ensure equities rally into election day, put Xi into a box in terms of what is expected of him in the terms of the deal. and then have someone to blame when the deal then falls through", Every said in an email.

Oprah, Obama to Campaign for Democrat Abrams in Georgia Governor's Race
Georgia Secretary of State Brian Kemp talks to voters during a rally in Augusta, Ga., July 23, 2018. More than 1.5 million of the state's nearly 7 million registered voters have cast ballots already.

Meanwhile, Chinese stocks have been under pressure this year amid trade conerns and slowing domestic economy. "If we can open up China and make it fair, for the first time ever-this should have done years ago by other presidents but it wasn't-I am very much willing to do it".

The U.S. leader has threatened to tax all imports from China unless it addresses "unfair" trade practices.

President Donald Trump's newfound zeal to resolve his trade war with China risks hitting some familiar obstacles, including himself. "Also had a good discussion on North Korea!" He said further meetings with Xi are being scheduled for the G-20 summit of the world's biggest economies, set for November 30 in Buenos Aires, the first ever such summit in South America.

"China very much wants to make a deal", Trump told reporters in Washington just hours after his top economic adviser expressed caution about talk of a possible US-China trade agreement.

"He either plans to shove it down Xi Jinping's throat or is simply claiming a deal is forthcoming as a midterm election political stunt".

Trump imposed new tariffs on roughly half of Chinese imports this summer while Beijing fired back with tariffs on most United States products.

Analysts are highly skeptical that China will agree to major changes that would address the USA concerns - especially at such short notice. And I said, 'You're not ready yet.

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