"Very good chance" of a U.S.-China trade deal: Trump

By Kitco News / April 24, 2018 / www.kitco.com / Article Link

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.

China has said it would welcome a visit by U.S. Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense trade dispute between the world’s two largest economies after Trump threatened to impose tariffs on Chinese imports.

“China’s very serious, and we’re very serious,” Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing. “We’ve got a very good chance at making a deal.”

Trump, speaking at the White House following a meeting with French President Emmanuel Macron, also said the United States was engaged in serious trade talks with the European Union, adding that U.S.-France trade relations were very good

“I would rather deal just with France,” he said.

Trump also said negotiations with Mexico and Canada over the North American Free Trade Agreement(NAFTA) were proceeding “very nicely.”

Reporting by Jeff Mason and Susan Heavey; Editing by David Alexander and Dan Grebler

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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