President Trump says US 'not ready' to make trade deal with China

Agencies Washington Aug 09, 2019, 07.50 PM(IST)

US President Donald Trump. Photograph:( Reuters )

Story highlights

"We're not ready to make a deal," Trump told reporters at the White House before heading out on vacation at his New Jersey golf resort. 

US President Donald Trump on Friday said Washington wasn't ready to finalise a trade deal with Beijing, amid lingering worries over the intensifying US-China trade war, reported news agency AFP.

"We're not ready to make a deal," Trump told reporters at the White House before heading out on vacation at his New Jersey golf resort. 

Trump comment comes a day after US hit China with new import duties Thursday on more than $4 billion in imported wooden cabinets and vanities, after finding manufacturers there benefit from unfair subsidies.

The Commerce Department's preliminary finding comes just a week after Washington announced new punitive duties on another $300 billion in Chinese goods, meaning that starting September 1 all Chinese imports will be subject to punitive tariffs.

The latest announcement is one in a series of cases Commerce has pursued against particular product lines, usually at the request of American companies claiming to be hurt by imports from China or other trading partners.