News
Trump says he might prefer China deal happening after 2020 election
For
the first time, President Trump is indicating he might prefer striking a deal
with China after the 2020 election.
Speaking
to reporters in London while attending the NATO Summit, Trump said in some ways
he likes the idea of waiting. But he says China wants a deal now, so he
will see if it’s going to be right for the U.S.
The
Trump Administration is also standing firm on imposing additional tariffs on
Chinese goods in the absence of an agreement.
Commerce
Secretary Wilbur Ross says if nothing happens between now and December 15th,
the President has made it clear he’ll put the increased tariffs in.
As recently as last week, Trump talked about negotiations being in the final throes. But when asked yesterday if he has a deadline for a deal, he said no.
