I am willing to negotiate a fair deal with China: Trump

Vastavam web: President Donald Trump has said he is willing to negotiate a fair deal with China and want the Asian giant to open its market like the US. Having slapped China with additional tariff on import of its products worth USD250 billion, Trump did not rule out coming up with more tariffs on Chines products.

In an interview with CBS News’s popular ’60 Minute’ programme, Trump described this as a skirmish, and not war or a battle as being characterised by experts, and asserted that he would win this against China. If things does not improve, he might not have a good relationship with his Chinese counterpart Xi Jinping, he said. Xi is one of the few world leaders to have been hosted by Trump at his Mar-a-Lago resort in Florida. Trump has travelled to China and has met Xi multiple times after he became the US President On January 20, 2017.

However, the relationship has deteriorated since then and has now reached an all time low since the historic visit of the then US President Richard Nixon in 1972. Responding to a question, Trump claimed that China, even if it wants, cannot retaliate beyond a point. “They can retaliate, but they can’t they don’t have enough ammunition to retaliate. We do USD100 billion (worth of business) with them. They do USD531 billion with us,” he said. “No no, although they’re down 32 per cent in four months, which is 1929,” he said. “I don’t want that. No, I don’t want that. I want them to negotiate a fair deal with us. I want them to open their markets like our markets are open,” Trump said, reiterating that he wants a fair deal with China.