Trump Casts Doubt on Future of China Trade Deal After Phone Call
- Coronavirus outbreak ‘sort of overrides’ trade progress
- But USTR statement said ‘progress is being made’ on deal
Watch: Top U.S. and Chinese trade officials will speak as early as next week about progress on implementation of the “phase one” trade deal.
(Source: Bloomberg)This article is for subscribers only.
President Donald Trump cast doubt on the future of his “phase one” trade deal with China, one of the biggest accomplishments of his first term, saying Friday that he’s struggling with Beijing in the wake of the global coronavirus pandemic.
“Look, I’m having a very hard time with China,” Trump said in an interview on Fox & Friends. “I made a great trade deal months before this whole thing happened. And it was kicking in, you know, a month ago and starting to kick in and starting to produce and then this happens and it sort of overrides so much.”