NEW DELHI: The United States President Donald J Trump in an interview said that he was not keen to enter into a strategic trade deal with China since America continued to benefit from tariffs on Chinese imports.
In an interview with Fox and Friends, a talk show by a news channel on Friday, Trump said, he was “not anxious” to sign one because the US can continue to benefit from tariffs on Chinese imports.
The comments from the US leader have come on the back of two countries reiterated their desire to end trade impasse via a trade pact.
The first phase of the strategic deal is, however, expected to shape up not earlier than 2020.
Meanwhile, Trump added that he was optimistic about the discussions and expressed hope that China and the US were “very close” to sign the trade deal.
However, Trump said he didn’t like the Chinese premier’s insistence on equality and indicated that the trade accord between the two could not be an even deal.
Saturday, the US national security adviser Robert O’Brien said that a phased agreement with China would be possible by the end of the year, but warned about the Hong Kong crisis which, he suggested would not be ignored.
Trump added that he had told China’s president, Xi Jinping that handling Hong Kong protesters could have “a tremendous negative impact” on efforts to reach an agreement to end the trade war.