INSUBCONTINENT EXCLUSIVE:
Donald Trump is keen to appear tough on trade
(File)Washington, United States: President Donald Trump's top economic aide said talks to ease a major trade
dispute between the United States and China were "going well," but a deal remained elusive on Friday.Trump has demanded China reduce its
trade surplus with the United States, sparking a dispute that has seen the globe's two largest economic powers exchange threats of
Trump met Chinese Vice Premier Liu He on Thursday and his aides followed up with a second day of talks to try to avoid a damaging trade
war.The "negotiation is going well," said Larry Kudlow, director of the National Economic Council."No deal yet, to be sure, and it's going
to take a while," he told reporters at the White House."They are meeting many of our demands," he claimed, "I believe they want to make a
deal."Trump has threatened to hit China with tariffs on up to $150 billion of imports, prompting Beijing to threaten US agricultural
exports.On Thursday, Trump unleashed a barrage of criticism against former US administrations for allowing Beijing to take advantage of the
United States, and he discounted chances of settling the trade dispute with Beijing."We have been ripped off by China
And an evacuation of wealth like no country has ever seen before given to another country that's rebuilt itself based on a lot of the money
that they've taken out of the United States," he said."China has become very spoiled Because they always got 100 percent of whatever they
wanted from the United States," he said.The White House is wary of hurting largely Republican-voting farm states or damaging the economy
before legislative elections this November.But Trump is also keen to appear tough on trade and fulfil a campaign promise to make a "deal"
that better benefits the United States.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is
published from a syndicated feed.)
