
Trump echoed his stance that China and other countries are going to want to make a deal with the United States.
President Donald Trump told reporters on April 22 that if communist China does not agree to a trade deal, the United States would be the one setting the terms on tariffs.
โUltimately, they have to make a deal because otherwise, theyโre not going to be able to deal in the United States,โ the president said at the swearing-in ceremony for new Securities and Exchange Commission Chair Paul Atkins. โSo we want them involved but they have to, and other countries have to, make a deal. And if they donโt make a deal, we’ll set the deal.โ
That trade deal, he said, would be fair for everybody, putting an end to current trade deals with China and other countries that he described as leaving the United States โbeing ripped off left and right.โ
โWeโre losing almost $2 trillion on trade, and those days are gone,โ he said. โWeโre not going to do that again.โ
He said that his administration was going to be โvery niceโ working with Chinaโs communist leader Xi Jinping to significantly lower tariffs, although not to zero. He also echoed his stance that China and other countries are going to want to make a deal with the United States.
โThey are going to do very well, and I think theyโre going to be happy, and I think weโre going to live together very happily and, ideally, work together,โ Trump told reporters at the Oval Office on April 22.
The presidentโs comments come after his press secretary, Karoline Leavitt, confirmed to reporters during a White House press briefing that Trump thought talks with the communist regime were moving in the right direction.
Last week, the White House stated that the ball was in Chinaโs court regarding trade negotiations.
โWe donโt have to make a deal with them,โ Leavitt told reporters during a press briefing, quoting the president.
โThereโs no difference between China and any other country except they are much larger, and China wants what we have, what every country wants: the American consumer. Or, to put it another way, they need our money.โ
Byย T.J. Muscaro
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