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U.S. President Donald Trump said on Sunday that trade talks with China were going very well and that weakness in the Chinese economy gave Beijing a reason to work toward a deal, reported Reuters.
U.S. officials are meeting with their counterparts in Beijing this week for the first face-to-face talks since Trump and China’s President Xi Jinping in December agreed to a 90-day truce in a trade war that has roiled international markets.
Trump imposed import tariffs on hundreds of billions of dollars of Chinese goods to pressure Beijing to change its practices on issues ranging from industrial subsidies to hacking. China retaliated with tariffs of its own.
Trump said the U.S. tariffs had hurt China.
“I think China wants to get it resolved. Their economy’s not doing well,” Trump told reporters at the White House before boarding the Marine One presidential helicopter. “I think that gives them a great incentive to negotiate.”
Beijing on Friday cut bank reserve requirements amid slowing growth at home and pressure from the U.S. tariffs.
Asked what he expected to come out of this week’s talks in Beijing, Trump sounded a positive note.
“The China talks are going very well,” he said. “I really believe they want to make a deal.”
The Foreign Ministers of the Group of Seven (G7) democracies voiced concern over China’s expanding military capabilities and underscored their determination to create alternatives to Beijing’s dominance
US President Donald Trump announced on Thursday that Washington and Beijing have reached a landmark one-year trade pact, marking a significant step toward easing economic tensions between the world’s two largest economies
US President Donald Trump stated on Wednesday (local time) that Indian Prime Minister Narendra Modi had assured him India would halt purchases of Russian oil, calling it “a big step” in efforts to pressure Moscow internationally
China's advances in women's development are reshaping the national landscape, as strengthened legal protections empower millions of women to thrive in education, health, and employment
China's visa-free entry for Greek citizens has triggered a sharp rise in inbound tourism, with arrivals surging during the National Day holiday and cultural authorities rolling out Silk Road-themed itineraries to meet the growing demand
China's supersonic, multipurpose fighter jet J-10C has high weapon mounting capabilities, said chief designer Wang Haifeng in an interview with the China Central Television (CCTV) aired on Monday
President Rumen Radev will start the constitutionally required consultations for forming a new government in Bulgaria on Monday, December 15
“Vazrazhdane” will support the government’s resignation but is simultaneously pushing for a major shift in Bulgaria’s eurozone timetable, party leader Kostadin Kostadinov announced in Parliament today.
Following the resignation of the Zhelyazkov government, attention now shifts back to the presidency, where the next steps of the constitutional process will unfold
Prime Minister of Bulgaria, Rosen Zhelyazkov, announced his government’s resignation on Thursday during an unexpected press briefing
GERB leader Boyko Borissov reacted to the fall of the Zhelyazkov government during a live broadcast on his official Facebook page, following the mass protests across the country.
Following the resignation of the Zhelyazkov cabinet, We Continue the Change co-leader Asen Vassilev said the decision marked the beginning of a needed political correction.
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