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Saturday, May 3, 2025

Trump says he doesn’t need

China trade deal before election

by

Curtis Williams
2050 days ago
20190921
President Donald Trump and Australian Prime Minister Scott Morrison arrive for a news conference in the East Room of the White House in Washington, yesterday.

President Donald Trump and Australian Prime Minister Scott Morrison arrive for a news conference in the East Room of the White House in Washington, yesterday.

AP

WASH­ING­TON—As Chi­na and the US near a new round of trade talks, Pres­i­dent Don­ald Trump said yes­ter­day he doesn’t feel he needs to se­cure an agree­ment be­fore next year’s elec­tion.

Trump told re­porters he wants a com­plete deal with Chi­na and won’t ac­cept one that on­ly ad­dress­es some of the dif­fer­ences be­tween the two na­tions.

“I’m not look­ing for a par­tial deal, I’m look­ing for a com­plete deal,” Trump said dur­ing a press con­fer­ence with Aus­tralian Prime Min­is­ter Scott Mor­ri­son.

For more than a year, the world’s two largest economies have been locked in a high-stakes du­el marked by Trump’s es­ca­lat­ing penal­ties on Chi­nese goods and Bei­jing’s re­tal­ia­to­ry tar­iffs.

Trump says vot­ers un­der­stand the “spat” be­tween the US and Chi­na and in­sist the on­go­ing trade war won’t ham­per his re­elec­tion chances, but he con­ced­ed that reach­ing an agree­ment “would prob­a­bly be a pos­i­tive” for his cam­paign.

Trump con­tin­ued to try to paint a dark pic­ture of the Chi­nese econ­o­my ahead of talks that re­sume next month in Wash­ing­ton. Ne­go­tia­tors from the two coun­tries are al­so en­gag­ing in dis­cus­sions over the next two weeks to lay the ground­work for the Oc­to­ber ses­sion.

“Chi­na is be­ing af­fect­ed very bad­ly. We’re not,” Trump in­sist­ed.

It’s true that Chi­na’s econ­o­my is de­cel­er­at­ing, slowed by Trump’s tax­es on Chi­nese im­ports and by Bei­jing’s de­lib­er­ate cam­paign to com­bat run­away debts. Still, the In­ter­na­tion­al Mon­e­tary Fund ex­pects the Chi­nese econ­o­my to grow 6.2 per cent this year.

Mor­ri­son said Aus­tralia has ben­e­fit­ed great­ly from Chi­na’s eco­nom­ic growth. At the same time, he said once Chi­na’s econ­o­my got to a cer­tain lev­el, “then you need to be ob­vi­ous­ly play­ing to the same rules as those oth­er de­vel­oped na­tions.” (AP)

Mean­while, the Unit­ed States Trade Rep­re­sen­ta­tive up­dat­ed and ex­pand­ed its list of prod­ucts com­ing from Chi­na tem­porar­i­ly ex­clud­ed from im­port du­ties. The hun­dreds of prod­ucts list­ed in­clude such things as parts for au­to­mat­ic teller ma­chines, pow­er sup­ply ca­bles for air­planes, drone parts, drink­ing straws and elec­tron­i­cal­ly-pro­pelled skate­boards.

Trump al­so em­pha­sized the im­por­tance of pass­ing a new trade agree­ment with Cana­da and Mex­i­co. “Hope­ful­ly that’s go­ing to be put up to a vote very soon,” Trump said. “We need that for our coun­try.” (AP)


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