China 'badly' wants to make deal with US and may want a Democrat to beat me: Donald Trump
WION Web Team Washington
Aug 11, 2019, 07.33 AM(IST)
the self-proclaimed dealmaker has failed again.
Since taking office, Donald Trump has had a torrid time with deals, be it North Korea, Iran or China, Trump has had a lot to say, but precious little to show.
On Tuesday as well, US President Donald Trump proclaimed talks with Afghanistan's Taliban leaders dead while the general in charge said the US military is likely to ramp up operations in Afghanistan to counter an increase in Taliban attacks.
Trump scrapped talks with the Taliban planned for Camp David, Maryland, over the weekend after an American soldier was killed by a suicide bomber in the capital Kabul last week.
Trump's decision to cancel the talks is puzzling because it goes against his pledge to withdraw the nearly 14-thousandn US Troops Afghanistan and end US involvement in a conflict that is closing in on 18 years.
The US had already slapped a 25 per cent tariff on a separate $250 billion of Chinese imports.
After the International Monetary Fund (IMF) report of China's economic slowdown due to trade tariff imposed by the Trump administration, US President Donald Trump on Saturday took a swipe at China saying it wants to "badly" chalk out an agreement with his country.
He also claimed that Beijing "maybe" hoping for a Democrat to win the next year`s presidential election."China wants to make a deal so badly. Thousands of companies are leaving because of the Tariffs, they must stem the flow. At the same time China may be hoping for a Democrat to win so they could continue the great ripoff of America, & the theft of hundreds of Billions of $'s!" Trump wrote on Twitter.
China wants to make a deal so badly. Thousands of companies are leaving because of the Tariffs, they must stem the flow. At the same time China may be hoping for a Democrat to win so they could continue the great ripoff of America, & the theft of hundreds of Billions of $’s!
His tweet came a day after Trump said that the US was talking to China but asserted that Washington was not ready to strike an agreement with the Asian nation, ruling out an immediate breakthrough to end the trade war.
"We are talking to China. We are not ready to make a deal, but we will see what happens. They want to make a deal. I'm not ready to make a deal," he was quoted by The Hill as saying.
On August 1, Trump had announced that he would impose a 10 per cent tariff on the remaining $300 billion worth of untaxed imports from China, which came after trade talks between the two sides were held in Shanghai.
This means everything that China sells to the US, including clothes and iPhones to chemicals and construction equipment, will have levies of between 10 and 25 per cent on them starting from September 1, escalating the trade tensions between the world`s two largest economies.
The US had already slapped a 25 per cent tariff on a separate $250 billion of Chinese imports. China retaliated by lowering the value of the yuan and suspended purchases of US agricultural products.
Calling the US's decision a "serious violation" of the consensus reached by the two sides at the G20 summit in Osaka, Beijing said the move deviated from the right course and will in no way help to end the trade war.