Trump Hints at Deal on Chinese Trade as Xi Readies Response
- U.S. will ‘probably’ reach compromise with Beijing: Trump
- President says administration will shield U.S. farmers
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President Donald Trump expressed optimism the U.S. will be able to reach a deal with China that diffuses trade tensions between the world’s two biggest economies.
Trump said his administration will “probably” come to an agreement with China to resolve a dispute that has roiled financial markets and raised fears of a major economic conflict between the nations. The U.S. is considering tariffs on as much as $150 billion worth of Chinese imports, while China has vowed to respond with levies of its own on everything from U.S. soybeans to planes.