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Trump says he's 'in no rush' to reach a trade deal with China

Credit: Reuters Studio
Published 1 week ago - Duration: 01:04s

Trump says he's 'in no rush' to reach a trade deal with China

U.S. President Donald Trump says he's in no rush to complete a trade pact with China and insists that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations.

Rough cut (no reporter narration).

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Trump says he's 'in no rush' to reach a trade deal with China

(ROUGH CUT - NO REPORTER NARRATION) U.S. President Donald Trump said on Wednesday (March 13) he was in no rush to complete a trade deal with China that Washington wants to include structural reforms by Beijing, including how it treats U.S. intellectual property.

Trump and Chinese President Xi Jinping had been expected to meet at Trump's resort home in Florida at the end of March to finalize a pact that would end a months-long trade war.

But since both sides are still negotiating, no date has been set for a summit.

"I think things are going along very well - we'll just see what the date is," Trump told reporters at the White House.

"I'm in no rush.

I want the deal to be right.

... I am not in a rush whatsoever.

It's got to be the right deal.

It's got to be a good deal for us and if it's not, we're not going to make that deal." The White House is demanding that China make structural reforms, including how it treats U.S. intellectual property and forces U.S. companies to share their technology when doing business in China.

According to reports, China this week balked at a meeting over concerns Trump would walk away from a trade deal, after Trump did not make a peace deal with North Korean leader Kim Jong Un during a summit in Vietnam.

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