China to be ready to negotiate with US over trade dispute
The US President Donald Trump has said he expected for a trade deal with China because China sent its message to want to talk with the US to resolve the trade dispute.
President Donald Trump has expressed his hope on a trade deal between the US and China on Monday as China contacted to the US for a wish of holding a dialogue with the US to tackle the trade dispute on the sideline of G7 summit, hosted by France.
He shared that “China called last night our top trade people and said, ‘let’s get back to the table’, so we’ll be getting back to the table, and I think they want to do something” and commented “They’ve been hurt very badly but they understand this is the right thing to do”.
Moreover, Trump also believed to have a negotiation with China “I think we are going to have a deal”.
“They have supply chains that are unbelievably intricate and people are all leaving and they are going to other countries, including the United States by the way, we are going to get a lot of them too”, he said.
On earlier Monday, Chinese vice Premier Liu He said China is ready to cure the trade dispute with the US via peaceful talks and want to restraint the increase of conflict.
The Chinese new step was showed after President Trump announced to be raising tariffs on Chinese goods from 25% to 30% on as a retaliation for the tariffs on $75 billion of the US’s goods, imposed by China
Furthermore, Trump even had threatened to implement International Emergency Economic Powers Act (IEEPA) to order the US large companies to leave China.
Reuters, The Guardian, CNBC ( Van Nguyen )