US President Donald Trump has warned China against waiting out his first term to finalize any new trade deal, not Donald Trump claims that if he wins the re-election in November 2020 as the u.s. presidential contest will be held then Donald Trump says the outcome could be a no agreement with China or even a worse trade deal. European stock markets were down sharply after US President Donald Trump cast doubt on any hopes of an imminent easing and trade tensions between the US and the China. He Said – “we have people over in China right now with negotiating with China what happened they’re gonna make a great deal oh we’re not gonna make it the other” Trump accused Beijing of not delivering on promises to buy more US agricultural products he also pondered whether China was holding out from an agreement until after the result of next year’s US presidential election. He Said – There’s hope they hope not gonna happen help but they would just love if I got defeated so they could deal with somebody like Elizabeth Warren or sleepy joepie or any of these people because then they’d be allowed and able to continue to ripped off our country like they’ve been doing for the last thirty years.
Trump criticized China for not making good on promises to buy more American agricultural products. Trump tweeted: “Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country.
The trade conflict between the US and China has been the biggest negative for the markets over the past couple of years with investors worried that a full-blown trade war could derail the global recovery.