As talks in Washington between a delegation of senior US officials led by Trade Representative Robert Lighthizer and a delegation from Beijing led by Vice Premier Liu He enter their second day, President Trump conclusively ruled out the possibility that a deal could be announced by the end of the week in a series of early morning tweets.
The president said that while the negotiations are going “very well,” he said that “no final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and more difficult points.”
China’s top trade negotiators are in the U.S. meeting with our representatives. Meetings are going well with good intent and spirit on both sides. China does not want an increase in Tariffs and feels they will do much better if they make a deal. They are correct. I will be……
— Donald J. Trump (@realDonaldTrump) January 31, 2019
….meeting with their top leaders and representatives today in the Oval Office. No final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and more difficult points. Very comprehensive transaction….
— Donald J. Trump (@realDonaldTrump) January 31, 2019
According to the president, the two sides are seeking a “comprehensive deal” that will leave “NOTHING unresolved”…suggesting that even the more controversial issues like US demands that China end its policy of institutionalized IP theft and cyberespionage activities will be addressed in any final deal.
….China’s representatives and I are trying to do a complete deal, leaving NOTHING unresolved on the table. All of the many problems are being discussed and will be hopefully resolved. Tariffs on China increase to 25% on March 1st, so all working hard to complete by that date!
— Donald J. Trump (@realDonaldTrump) January 31, 2019
Trump is expected to meet with Liu and his delegation at the White House on Thursday afternoon.
via ZeroHedge News http://bit.ly/2GaTrY8 Tyler Durden