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Trump Not Hopeful of Trade Deal With China

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President Donald Trump said Thursday that he doubts high-stakes trade negotiations with China will succeed.”Will that be successful? I tend to doubt it,” the president told reporters during an appearance with NATO Secretary-General Jens Stoltenberg. “The reason I doubt it is because China has become very spoiled. The European Union has become very spoiled. Other countries have become very spoiled, because they always got 100 percent of whatever they wanted from the United States.””But we can’t allow that to happen anymore,” Trump added.A Chinese delegation is currently in Washington taking part in talks with top Trump administration officials. The meetings follow a separate round of negotiations in Beijing earlier in the month.

Source: Trump says he doubts China trade negotiations will succeed – CNBC

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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