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US President Donald Trump said Tuesday (3) that if a trade deal with China is possible, it would be.
Trump said his team of business advisers would determine whether a "real deal" with China is possible. The team is headed by Roberto Lightizer, who has been appointed second in charge of the negotiations.
"If that's the case, we'll do it," Trump said on Twitter. "But if it is not the case, remember: I am a man of fortune."
The Republican President said that he would not oppose an extension of the 90 day truce that he and Chinese President Xi Jinping had agreed to end.
"Negotiations with China have already begun and if they are not extended, they will end 90 days after the date of our wonderful and warm dinner with President Xi in China, Argentina," Trump told reporters on Twitter.
The two leaders agreed this weekend a ceasefire in the trade war that, through tariffs, resulted in the breakdown of a flow of goods representing Trillions of dollars Trump and Xi said they would ensure the imposition of new tariffs for 90 days from December 1, while seeking a solution to the trade dispute.
The US leader said that China should start doing away with agricultural products immediately and reduce their tariffs by 40% on imports of American cars.
White House economic aid, Larry Kudlow, said on Tuesday that a reduction in Chinese tariffs on cars and agricultural and energy commodities. US will be a "test" to see if US-China trade negotiations are on the road to success.
The United States also expects China to take immediate action to fight intellectual property theft and forced technology transfers, they said. "Once again, it will once again be a true agreement and not that we can get everything in 90 days, but we hope to make a lot of progress and President Trump will be directly involved, "said Treasury Secretary Steven Mnuchin. , at Fox Business Network on Tuesday.
Trump has long accused China of unfair trade practices harming the Americans and the United States.
"When peoples or countries seize the wealth of our country, I want them to pay for the privilege of doing so, and that will always be the best way to maximize our economic power," he said on Tuesday.
The appointment of US Trade Representative Robert Lighthizer to lead negotiations rather than Treasury Secretary Steven Mnuchin, Trump Square said on Twitter that Lighthizer will work alongside Mnuchin, Kudlow and Peter Navarro
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