On Tuesday, the United States President Donald Trump has said that his administration could fix a deal on trade with China ahead of the Presidential Elections in the United States of America, or a deal could be reached the day after the voters of the country go to the polls in 2020.
While speaking to sources, President Trump has claimed that Beijing thinks he is going to win the polls, but the Chinese Officials would prefer to be dealing with someone else but not with him.
President Trump further said that he has told China that if the deal comes after November 3, 2020 Elections, it would be on terms “far worse” for China than it could gain right now.
“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,” said the US President.
“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,” added Donald Trump.
His comments come two days ahead of the Chinese and United States deputy trade negotiators are due to meet in the US for the first front-to-front meeting in around two months.
The trade talks are aimed at paving ways for expected high-level negotiations in October, which objected at finding out a way of a bitter fourteen-month trade war between the two largest economies of the world.
The discussion will follow an easing of trade tensions, in which the US President has postponed a scheduled meet on October 1, regarding tariffs increased on $250 billion worth of Chinese goods, while China has delayed retaliatory tariffs on some American made animal feed ingredients, cancer drugs, and lubricants.
However, trade executives, experts, and government officials in both nations have said that the US-China trade war has heightened into an ideological and political battle that runs far more than tariffs and could take centuries to resolve.
Any agreement resulted from the trade discussion in the coming weeks is expected to be a superficial fix, they informed sources.