Trump signals China 'very much' interested in securing trade deal ahead of Switzerland negotiations

08.05.2025    Fox News    4 views
Trump signals China 'very much' interested in securing trade deal ahead of Switzerland negotiations

China is eager to hash out a commerce deal with the U S according to President Donald Trump Trump s remarks come as Treasury Secretary Scott Bessent is poised to launch arrangement negotiations with China in Switzerland Saturday amid a steep tariff battle between Washington and Beijing Scott's going to be going to Switzerland meeting with China Trump stated reporters Thursday at the White House And you know they very much want to make a deal We can all play games Who made the first call who didn't make them It doesn't matter Only matters what happens in that room But I will tell you that China very much wants to make a deal We'll see how that works out Trump described reporters on Air Force One Sunday he wants a fair arrangement deal with China claiming discussions with Beijing were in the works on multiple issues Trump has voiced aid for tariffs for decades The White House has called for tariffs to address the nation s record trillion contract deficit and declared the tariffs will bring back U S manufacturing jobs Bessent cautioned in April that the tariffs could cost China up to million jobs and announced that it s incumbent upon Beijing to remove current tariffs on U S imports I think that over time we will see that the Chinese tariffs are unsustainable for China I've seen a few very large numbers over the past scant days that show if these numbers stay on Chinese could lose million jobs very promptly Bessent explained reporters at the White House April And even if there is a drop in the tariffs that they could lose million jobs So remember that we are the deficit country Bessent revealed They sell almost five times more goods to us than we sell to them So the onus will be on them to take off these tariffs They're unsustainable for them Bessent also described lawmakers Tuesday that the U S has launched discussions with various countries and indicated that major business deals could be informed as early as this week This is a developing news story and will be updated

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