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Trump says renewed trade negotiations with China have already begun



President Donald Trump speaks to the media before leaving on Marine One from the South Lawn of the White House in Washington, DC, May 14, 2019.

Saul Loeb | AFP | Getty Images

President Donald Trump said Monday that trade negotiations with China, which had stopped in May, have "already begun" following the meeting with Chinese President Xi Jinping at the weekend G-20.

The Renewed Calls were held by phone, Trump told reporters in the Oval Office. The president added that some agreement between the two economic superpowers had to lean in the United States & # 39; favor.

"They talk a lot on the phone, but they also meet. Yes, it's really already started," Trump said. "It actually began before the meeting."

"It must be better for us than for them because they had such a great advantage for so many years," Trump said.

The president also said that China's big trade surplus over the United States for years would mean that a potential trade with Beijing "must be a deal that is somewhat tilted to our advantage."

Trump and Xi had agreed during a bilateral meeting at the Osaka, Japan Summit, to stop imposing new tariffs on imports of each other's goods and to proceed with trade negotiations.

The US has committed $ 250 billion in Chinese goods and has threatened to cope with almost all other Chinese imports. Beijing has imposed $ 1

10 billion in US goods.

Negotiations between the United States and China collapsed in May after a Beijing delegation traveled to Washington for high-level talks. Trump claimed that China "broke the deal" that had been nearly completed by reneging on some provisions that had been agreed upon.


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