China trade deal to take place in 2020 according to US President

Christopher Zenios21/09/20192min
Trump recently announced to reporters that quick negotiations with China are highly unlikely and that a trade deal with China will take place after the 2020 elections set to take place of the 3rd of November.

Speaking at Air Force One to reports during travels from New Mexico Trump claimed that China expects him to re-win the election easily stating:

They think I’m going to win. China thinks I’m going to win so easily, and they’re concerned because I told them: ‘If it’s after the election, it’s going to be far worse than what it is right now.’ I told them that. Would they like to see somebody else win? Absolutely,

He also commented “I think there’ll be a deal maybe soon, maybe before the election, or one day after the election. And if it’s after the election, it’ll be a deal like you’ve never seen, it’ll be the greatest deal ever and China knows that,”

These statements have been made just two days prior to the scheduled negotiations between the U.S and Chinese deputy in Washington. Set to be the first physical meeting in almost two months, despite this the two sides remain divided on key issues.

These negotiations are taking place as the Trump administration has not been able to make progress on the trade situation with China since last year, disputing matters such as intellectual-property theft and how to enforce any new rules to address it.

The new discussions are designed to ease tension and create a way forward for high-level negotiations at the beginning of October in an attempt to resolve the 14-month trade war.

However, trade experts and government officials have little hope in the talks as many believe that the trade was has become a political and ideological battle that goes far beyond tariff deals.

Trump’s frustrations have also been expressed regarding the balance between the two countries. With just four months to resolve the trade markets, opening the markets up to American farmers who have suffered expensive tariffs on products for over a year.

Christopher Zenios

Christopher has always been a pioneer, a first adopter when it comes to technological advancements. Over the years, his expertise surrounded the real estate and digital markets and their evolution in today's society. After being the editor to various professional business news portals and blogs, he was selected to become the chief editor for HWC. Contact Christopher at +357-22029786 ext: 6110 or by email at [email protected] for editorial related questions.

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