Trump does not want to deal with China unless the trade deficit is resolved

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president Donald Trump On Sunday, he said that he was not ready to conclude a deal with China unless the trade deficit is more than $ 1 trillion first.

While talking to correspondents in the first air force, Trump said with some countries that there is a trade deficit of more than one billion dollars, but with China, it exceeds a trillion dollars.

“We have a 1 trillion dollar trade deficit with China. Hundreds of billions of dollars annually lose it against China, and unless we solve this problem, it will not conclude a deal,” he said. “I’m ready to conclude a deal with China, but they have to solve this excess. We have a tremendous disability problem with China … I want to be solved.”

Some countries targeted by Trump’s tariff are seeking negotiations, China says, “No winners in commercial wars.”

Trump and Chinese flag split

President Donald Trump said he would not conclude a deal with China unless the trade deficit was resolved. (AP Photo / EVAN VUCCI / Istock)

Trump also said due to the customs tariff, the United States has 7 trillion dollars of committed investments when it comes to building car manufacturers, chip companies and other types of companies, “at the levels that we have not seen before.

But with regard to the trade deficit, Trump said he spoke with many leaders in Europe and Asia, who “die” to conclude a deal, but as long as there is a deficit, he will not do that.

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“The deficit is a loss,” he said. “We will have surpluses, or in the worst case, we will be broken. But China will be the worst in the group because the deficit is very large, and it is not sustainable.

“I was elected to this,” Trump added.



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