Trump sees "very good chance" of US-China trade deal

Trump: Mnuchin, Lighthizer to travel to China to 'negotiate on trade' in coming days

Trump: Mnuchin, Lighthizer to travel to China to 'negotiate on trade' in coming days

Trump made the remarks at the White House following a meeting with visiting French President Emmanuel Macron, according to the White House pool report, Xinhua reported.

"I think we've got a very good chance of making a deal", said President Donald Trump, who called China's leader Xi Jinping "a friend of mine", but noted there were still deal barriers. "We've seen our industry disappear over to China", Crosby said.

"It is important that as a global community we keep trade open and ensure that we work within the multilateral system".

Without tariffs on Chinese steel wheels and wheel assemblies, Americana - one of the last USA companies making steel wheels for RVs - will have no choice but to reduce production and staffing, Pizzola said. Both countries have proposed tariffs of $50 billion on each other's products; Trump is looking to impose tariffs up to $100 billion more on Chinese goods.

Beijing has responded by immediately slapping duties on key United States agricultural exports, in measures meant to target the American president's support base - and could do likewise for the sensitive U.S. soybean industry.

"They trade with us", the president said.

Mnuchin told reporters over the weekend he was considering a trip, prompting Beijing to announce Sunday that China "welcomes" the move.

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