Trump says he has no deadline for imposing further tariffs on China

Donald Trump

Donald Trump

In recent months, Trump has imposed additional tariffs on Chinese products worth Dollars 200 billion and he has ordered for another round of tariffs on rest of the Chinese imports amounting to USD 300 billion.

Trump has repeatedly said he is getting ready to meet Xi at the summit in Osaka at the end of June, but China has not confirmed it.

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Attention is turning to a possible meeting of President Donald Trump with Chinese leader Xi Jinping at a summit in Japan later this month as the next step in the vexing trade standoff between the two biggest economies.

Later addressing a renewable energy meeting in Iowa, Trump said that the "colossal trade deficits" financed the build up of China's infrastructure, military and technology at the expense of the American taxpayer.

Xi and Trump met past year in Buenos Aires and broke a prior impasse in trade talks. I had great respect for the president of China, President Xi, but he's representing China and I'm representing the United States of America.

"And China will, in my opinion, based on a lot of facts and a lot of knowledge, China is going to make a deal because they're going to have to make a deal", he said. China wants good results from the meeting.

On Tuesday, Chinese Foreign Ministry Spokesman Geng Shuang said that Beijing had noted recent U.S. remarks on its expectations of a meeting between the two leaders.

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Trump made these comments at a news conference on Wednesday, adding "I think that we'll end up making a deal with China. If we have this information we will release it in due time", spokesman Geng Shuang said.

Trump again claimed that Chinese exporters bear the burden of the tariffs, refuting the consensus of economists that the costs are largely born by USA citizens in the form of higher prices.

U.S. Commerce Secretary Wilbur Ross on Tuesday downplayed the summit meeting in Japan, saying it would not be "a place where anyone makes a definitive deal".

Trump maintained that he had a "great relationship" with Xi despite the rise in trade tensions between their two countries. We want to get along with China, but we had no choice.

The strains between Washington and Beijing are expected to make it hard for diplomats to agree on the language of the G20 statement issued at the end of the summit.

In addition to concerns about China's intellectual property laws, Trump has focused complaints about China on the country's trade surplus with the USA and subsidies Beijing gives private companies.

Beijing is expected to resist language in the statement that the United States may subsequently use against China in trade talks.

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