Donald Trump: ‘We are under no pressure‘ to make trade deal with China

By – The Washington Times – Thursday, September 13, 2018

President said Thursday that he is “under no pressure” to strike a trade deal with .

“We are under no pressure to make a deal with , they are under pressure to make a deal with us,” tweeted the president.

The comment appeared aimed at a Wall Street Journal report about Treasury Secretary Steven T. Mnuchin offering a new round of trade talks ahead of plans to hit with $200 billion more in tariffs.

said the newspaper got it wrong and his administration was in the catbird seat.

“Our markets are surging, theirs are collapsing. We will soon be taking in Billions in Tariffs & making products at home. If we meet, we meet?” he said in the tweet.

The Trump administration imposed tariffs on $50 billion worth of Chinese goods earlier this year. The tariffs are part of a strategy to force to end unfair trade practices and theft of U.S. intellectual property.

hasn’t budged but retaliated with $50 billion in tariffs on U.S. goods, and promised further retaliation if the U.S. goes forward with more tariffs.

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