China is itching for a trade deal because it 'can't lose 3 million jobs,' Trump says

Chinese President Xi Jinping.
(Image credit: Florence Lo - Pool/Getty Images)

President Trump has nothing but compliments for China's President Xi Jinping — at least today.

In a Monday press conference following the end of the G7 summit, Trump discussed his ongoing trade war with China, touching on the increased tariffs both countries levied on each other on Friday. After this many taxes, China "want[s] to make a deal" and doesn't "have a choice," Trump said, because Xi "can't lose three million jobs in a short period of time."

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Kathryn Krawczyk

Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.