- Trump Claims ‘Breakthrough’ in Trade Talks with China, Deal to be Struck ‘Very Shortly’
US President Donald Trump has said that Beijing and Washington, which are locked in a bitter trade dispute, will be inking a trade deal “very shortly,” claiming a breakthrough has been achieved in the recent talks.
Trump was speaking at the Turning Point USA Student Action Summit in West Palm Beach, Florida on Saturday, when he made the announcement.
“We just achieved a breakthrough on the trade deal and we will be signing it very shortly,” he said, without providing any additional details as to the terms of the agreement or the timeframe in which it is expected to be signed.
Trump said that he spoke to his Chinese counterpart, Xi Jinping on Friday, noting that Beijing has already been “buying billions and billions of agricultural products” from US farmers. The push for China to step up purchases of US farm products has been one of the key demands of the Trump administration in the negotiations, which dragged on for almost two years without bearing much fruit.