Trump says US companies should leave China in case of failure to reach trade deal

Trump says US companies should leave China in case of failure to reach trade deal
  • Clock-gray 15:10
  • calendar-gray 26 August 2019

Donald Trump demanded the exodus of American companies from Chinese soil on Friday following Beijing's announcement of retaliatory tariffs on $75 worth of US goods starting 1 September and 15 December, APA reports citing Sputnik.

During the third day of the G7 summit in the French town of Biarritz, President Donald Trump said that American companies would leave China if the United States didn't make a deal with China, adding that they could stay if the two sides came to an agreement.

Earlier in the day, he noted that trade talks with Beijing were in a much better position than at any time, and said that "anything is possible" when asked if he could postpone envisaged tariffs on Chinese products.

"I can say we are having very meaningful talks, much more meaningful I would say than any time frankly. For the most part it is because we are doing very well. China is a great country... They are losing millions and millions of jobs which are going to other countries. If I were them I would want to make a deal. I think we are probably in a much better place now than at any time in the negotiation. I don't think we could have gotten here without going through this process. I think we are in a stronger position to do a deal. A fair deal for everyone", POTUS said.

apa-logo-mini

Other news