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Trump: China wants to make a trade deal 'very badly'

Video Credit: Reuters Studio
Published on August 26, 2019 - Duration: 01:28s

Trump: China wants to make a trade deal 'very badly'

U.S. President Donald Trump said on Monday he was confident that China was sincere about wanting a trade deal with the United States because it had taken "a very large hit" in recent months.

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Trump: China wants to make a trade deal 'very badly'

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EXISTING GRAPHICS MAY BE OVERWRITTEN BY CLIENT'S OWN GRAPHICS BUT NO FURTHER EDITS ARE PERMITTED, INCLUDING FOR LENGTH** During a news conference in Biarritz, France, U.S. President Donald Trump said he thinks that China wanted to make a 'deal very badly' after China contacted U.S. trade officials overnight to say it wanted to return to the negotiating table.

"I think they want to make a deal very badly.

I think that was elevated last night.

The vice chairman of China came out, he said he wants to see a deal made," Trump told a news conference at the end of G7 summit in Biarritz, France.

"He wants it to be made under calm conditions ... I agree that China has taken a very large hit in the last few months.

Three million jobs.

It will soon be much more than 3 million jobs.

Their chain is breaking up like no one has seen before.

Once that happens it is very hard to put it back together.

I think they very much want to make a deal." The trade war between the United States and China, the world's two largest economies, escalated last Friday as both sides levelled more tariffs on each other's exports.

Earlier on Monday, Trump sounded a more conciliatory note, saying he believed China wanted to make a trade deal.

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