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

08.05.2025    Fox News    8 views
Trump signals China 'very much' interested in securing trade deal ahead of Switzerland negotiations

China is eager to hash out a bargain deal with the U S according to President Donald Trump Trump s remarks come as Treasury Secretary Scott Bessent is poised to launch bargain 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 recounted 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 notified reporters on Air Force One Sunday he wants a fair bargain deal with China claiming discussions with Beijing were in the works on multiple issues Trump has voiced encouragement for tariffs for decades The White House has called for tariffs to address the nation s record trillion commerce deficit and revealed the tariffs will bring back U S manufacturing jobs Bessent cautioned in April that the tariffs could cost China up to million jobs and revealed 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 particular very large numbers over the past scant days that show if these numbers stay on Chinese could lose million jobs very fleetly Bessent reported 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 explained 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 advised lawmakers Tuesday that the U S has launched discussions with various countries and indicated that major arrangement deals could be informed as early as this week This is a emerging news story and will be updated

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