On the final day of the G7 summit in France, President Trump tried to reassure global markets by saying that Beijing was ready to restart negotiations. There was no confirmation from Chinese officials that such conversations took place.
President Trump spent the final day of the G7 meetings Monday continuing to sow confusion about the status of his trade war with China even as he tried to reassure global markets by saying that Beijing was ready to restart negotiations.
A day after he said that he was second guessing his escalation of the trade war with China, a comment that the White House quickly tried to walk back, Trump told reporters that Chinese officials had called Sunday night to say “they want to make a deal.”There was no confirmation from Chinese officials that such conversations took place, and Trump’s version of events have often conflicted with those of other world leaders.
Pressed by reporters on whether a call from the Chinese actually had taken place the way Trump said, Treasury Secretary Steven Mnuchin demurred.“There were discussions that went back and forth, and let’s just leave it at that,” Mnuchin said. Asked about the climate meeting that he missed Trump suggested it hadn’t happened yet, saying “we’re having it in a little while.”
The agreement in principle with Japan, reached Sunday, has yet to be finalized. And Abe’s comments about the deal were noticeably more conditional — and less celebratory — than Trump’s. But the president said he was confident Japan would ultimately agree to the deal, stating that his ability to impose additional tariffs on Japanese auto exports to the U.S. gives him leverage.
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