Trump says US under 'no pressure' for China trade deal

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US President Donald Trump and Chinese President Xi Jinping speak during a joint statement in Beijing on November 9, 2017.

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The US President Donald Trump said Washington is under “no pressure” to achieve a trade deal with China as the prospect of new tariffs loom.

The comments come amid reports the two sides could resume talks to stave off a third round of US tariffs.

China welcomed the offer of talks and said the two countries were discussing the details, according to reports.

The US has launched a trade war against China which could see all of its exports to the US subject to duties.

“We are under no pressure to make a deal with China, they are under pressure to make a deal with us,” Mr Trump said in a tweet on Thursday.

“Our markets are surging, theirs are collapsing.”

The US and China have slapped tariffs on $50bn of one another’s goods this year in an escalating trade war…



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