United States President Donald Trump has said that China is interested in forging a comprehensive trade deal with the United States 'rather soon'.
"China just announced that their economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes. U.S. is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!" he tweeted on Friday (local time).
Earlier in the day, Sputnik quoted the Chinese Finance Ministry as saying in a statement that Beijing will suspend 25 per cent tariffs on 144 US vehicle and auto part items and five per cent tariffs on 67 auto items between January 1 and March 31, 2019.
The US and China have been at loggerheads recently over the imposition of tariffs.
Earlier this month, Trump, while talking about the US-China trade truce, had stated that either Washington will have a real deal with Beijing or no deal at all. He had further asserted that if no deal is struck between the two nations, the US will slap major tariffs against Chinese products being exported to the US.
"We are either going to have a REAL DEAL with China or no deal at all - at which point we will be charging major Tariffs against Chinese product being shipped into the United States. Ultimately, I believe, we will be making a deal - either now or into the future.... ...China does not want Tariffs!" Trump tweeted on Tuesday (local time).
Following the meeting with his Chinese counterpart Xi Jinping on the sidelines of the G20 summit in Argentina, Trump had tweeted that the negotiation between the two countries had begun and that he was looking forward to the possibility of having a "real deal" with China.
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