September 13, 2018

President Donald Trump contended Thursday that he faces no pressure to strike a trade deal with China as Washington and Beijing exchange shots in a mounting trade conflict.

The comment followed reports saying the U.S. is in the early stages of proposing a new round of trade talks with China. The two sides aim to strike an agreement and stop a trade war threatening to stifle growth in the world's two largest economies.

In a tweet Thursday, Trump played down the need for discussions, saying "we are under no pressure to make a deal with China, they are under pressure to make a deal with us." He wrote that the U.S. "will soon be taking in Billions in Tariffs & making products at home."

Read more:

https://www.cnbc.com/2018/09/13/trump-says-theres-no-pressure-to-make-china-trade-deal.html