NSTworld: 'I can tell you this. China would much rather make a trade deal than I would.” - Trump
“I can tell you this. China would much rather make a trade deal than I would,” he told reporters while touring a computer manufacturing facility that produces computers for Apple.Wall Street retreated further from record highs yesterday as pessimism mounted among investors about the chances for a deal to bring an end to the lingering trade dispute.
Trump on Oct 11 announced a “phase one” deal resolving important US grievances about Chinese trade and currency practices.China has insisted on a rollback of existing tariffs, which Trump said he has not agreed to. American officials want large purchases of US farm exports, which may be unworkable for Beijing.
Apple CEO Tim Cook escorts US President Donald Trump as he tours Apple's Mac Pro manufacturing plant with Treasury Secretary Steven Mnuchin looking on in Austin, Texas. Trump said he is “looking at” exempting Apple from the China tariffs, but said it might be unfair to Samsung given the US free trade deal with South Korea.Chinese officials also denounced legislation adopted by US lawmakers this week supporting protection of human rights in Hong Kong, which has been convulsed by protests this year against Beijing’s attempts to exert greater control.
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