ADVERTISEMENT
ADVERTISEMENT

Trump says there's 'no timeframe' for the end to the US-China trade war

President Donald Trump did not have high hopes for talks between the Us and China that are set to kick off this week. The talks are designed to ease tensions raised due to Trump's tariffs on Chinese goods and the subsequent trade war.

  • President Donald Trump talked down expectations for the US-China trade talks that kick off on Wednesday in an interview with Reuters.
  • Trump also said there is "no timeframe" for an end to the trade war with China.
  • The second set of Trump's tariffs — this time on $16 billion worth of Chinese imports to the US — are set to go live on Friday. China is expected to respond with tariffs on an equal amount of US goods.

President Donald Trump downplayed expectations for this week's trade talks between US and Chinese officials during an interview Monday and didn't set a timetable for the end of the trade war with China.

During an interview with Reuters, Trump said he did not ".

Mid-level Chinese officials are set to come to Washington to meet with Treasury officials on Wednesday, marking the first formal talks between the two sides in around two months.

ADVERTISEMENT

Additionally, Trump said there was "no timeframe" for an end to the trade war.

"I'm like them, I have a long horizon," he said.

In addition to imminent tariffs, Trump also threatened to slap another $200 billion worth of Chinese imports with a duty that would make over 50% of Chinese imports to the US subject to tariffs. Hearings about the proposed $200 billion set of goods kicked off Monday.

The tit-for-tat tariffs are already weighing on US businesses as companies struggle with higher prices for Chinese parts used in their products. Some small businesses have been forced into laying off workers while others are delaying major investments.

In all, economists say that Trump's trade battles could start to hold back US economic growth.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Here's everything to know about being a virgin on your wedding night

Here's everything to know about being a virgin on your wedding night

7 do's and don’ts of the Holy month of Ramadan

7 do's and don’ts of the Holy month of Ramadan

Top 5 sweetest celebrity mother-child relationships that stand out for us

Top 5 sweetest celebrity mother-child relationships that stand out for us

International Women's Day: 5 Nigerian female celebrities championing women’s rights

International Women's Day: 5 Nigerian female celebrities championing women’s rights

Top 5 female directors in Nollywood

Top 5 female directors in Nollywood

6 things that will break a Muslim's fast during Ramadan

6 things that will break a Muslim's fast during Ramadan

5 benefits of fasting during Ramadan

5 benefits of fasting during Ramadan

5 reasons Easter was more fun when we were children

5 reasons Easter was more fun when we were children

Dos and don’ts of supporting Muslims during Ramadan

Dos and don’ts of supporting Muslims during Ramadan

ADVERTISEMENT
ADVERTISEMENT