Washington(September 14, 2018): The US President Donald Trump said Washington is under “no pressure” to achieve a trade deal with China as the prospect of new tariffs loom.
The comments come amid reports the two sides could resume talks to stave off the third round of US tariffs.
China welcomed the offer of talks and said the two countries were discussing the details, according to reports.
The Wall Street Journal has it wrong, we are under no pressure to make a deal with China, they are under pressure to make a deal with us. Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet?
— Donald J. Trump (@realDonaldTrump) September 13, 2018
“We are under no pressure to make a deal with China, they are under pressure to make a deal with us,” Mr. Trump said in a tweet on Thursday.
The US and China have slapped tariffs on $50bn of one another’s goods this year in an escalating trade war between the world’s two largest economies.
The tariffs are the latest Trump policy to challenge the free trade system which has prevailed for decades.