Trump says relations with China are « very good »

The US president said on Monday that relations with China are « very good. » Donald Trump also announced a conversation with his Chinese counterpart, Xi Jinping, « maybe at the end of the week. »

« We don’t want to harm China. China was suffering a lot of damage. They were closing factories. There was a lot of instability and were very happy to do something with us. The relationship is very, very good. I will talk to President XI perhaps at the end of the week, » Trump told journalists from the White House.

After a weekend of negotiations in Switzerland, delegations from both countries reached an agreement to reduce mutual rates by 115%for 90 days. The agreement was seen as the beginning of a process to repair a relationship impaired by the commercial dispute.

Thus, US tariffs on Chinese products remain in 30% (against 145%) and Chinese US tariffs remain at 10% (against 125%). The situation represents a temporary break in a situation comparable to a commercial embargo.

Negotiations between China and the US will soon resume to address the practical resolution of commercial disagreements, which will require highly technical discussions.

Washington’s goal-reiterated by high employees sent by Trump to Geneva-is to reduce US commercial deficit, a situation declared by the US government as a « national security emergency. »