Trump claims serious trade negotiations with China to begin
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President Donald Trump, under pressure to scale back a U.S.-China trade war partly blamed for a global economic slowdown, claimed Monday that the two sides will begin serious negotiations soon.
Trump said his trade negotiators had received two "very good calls" from China Sunday, hours after Trump waffled on whether he regretted the one-upmanship on tariffs Friday. Trump at first seemed to express regret over the escalating trade war, but the White House later said Trump's only regret was that he didn't impose even higher tariffs on China. Trump claimed the Sunday evening conversations were a sign China is serious about making a deal.
"I think we're going to have a deal, because now we're dealing on proper terms. They understand and we understand," Trump said as he met with Egypt's president on the sidelines of the Group of Seven summit in France.
