Trump says there's a 'very good chance' of a U.S.-China trade deal
President Trump met with Chinese Vice Premier Liu He in the White House Friday, afterwards expressing optimism that Washington and Beijing could reach a trade deal soon.
"I think we both feel there's a very good chance the deal will happen," Trump said, indicating he may extend a March 1 deadline for new U.S. tariffs on Chinese imports if he feels adequate progress is being made. Liu was similarly positive, calling a deal "very likely" and pledging China will "make [its] ultimate effort" for success.
Additional negotiations between Trump and Chinese President Xi Jinping are expected to take place at Trump's Mar-a-Lago resort. "Ultimately, I think the biggest decisions and some even smaller decisions will be made by President Xi and myself. I think President Xi and I will work out the final points," Trump mused Friday. "Perhaps and perhaps not."
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At Trump's direction, the United States has levied new tariffs ranging from 5 to 25 percent on hundreds of billions of dollars in Chinese goods over the last two years. Nevertheless, China's trade surplus with the U.S. in September reached a record monthly high.
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Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
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