Trump said he was willing to reach an agreement with China on the condition that the trade deficit was eliminated.
The President of the United States, Donald Trump, said that he was willing to reach an agreement with China on the condition that the trade deficit in the current bilateral relations was eliminated.
When talking to reporters about the trade imbalance between the US and other countries, Trump said: We lose thousands of billions of dollars every year because of China. If we don't solve this problem, I won't agree to any deal. I'm ready to make a deal, but they must solve the trade surplus issue... They are suffering huge losses now, because everyone knows we are right.
The White House press corps cited Trump's exact words.
On April 4th, the State Council of China announced a 34% tariff on all American goods. This decision by Chinese regulatory authorities is a response to similar actions taken by the US government.
Original source: https://www.toutiao.com/article/1828711544307840/
Disclaimer: The article solely represents the author's personal views.