Category: Trucking News

China blames U.S for trade frictions, but Trump voices optimism

China blames U.S for trade frictions, but Trump voices optimism

BOAO, China/WASHINGTON (Reuters) - China stepped up its attacks on the Trump administration on Monday over billions of dollars worth of threatened tariffs, but U.S. President Donald Trump again voiced optimism the two sides would hammer out a trade deal. The comments from both countries followed a week of escalating tariff threats sparked by U.S. frustration with China's trade and intellectual property policies, worrying financial markets over potential damage to global growth. "When we do a deal with China, which, probably, we will - if we don't, they'll have to pay pretty high taxes to do business with our country," Trump said during a White House Cabinet meeting with reporters present.


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