The US leader said the talks yielded an extendable one-year deal on China's supply of crucial rare earths
"We have China coming and its going to be very interesting," Trump told reporters
The world's two biggest economies are seeking to avoid further escalating a damaging tit-for-tat tariff war
Gross domestic product in the July-September quarter expanded 4.8 percent year-on-year
His comments came shortly after he appeared to soothe rising temperatures between Washington and Beijing
Trump famously predicted that foreign countries would pay the price of his protectionist policies
The planemaker is in talks to sell as many as 500 jets to China, Bloomberg reported in August
The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.
Beijing "will take countermeasures in a resolute and reciprocal manner" if any country sought such deals, a ministry spokesperson said
The planemaker is in talks to sell as many as 500 jets to China, Bloomberg reported in August
The United States and China have agreed to temporarily slash reciprocal tariffs in a deal that surpassed expectations as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and roiled financial markets.
Beijing "will take countermeasures in a resolute and reciprocal manner" if any country sought such deals, a ministry spokesperson said
On April 11, China dismissed Trump’s moves as a “joke” and raised its own tariff against the US to 125%
The heightened tariffs against China took effect at the same time Thursday as retaliatory levies of 84 percent slapped on by Beijing on US imports.
"The US continues to abuse tariffs to pressure China"
China, which retaliated with 34 percent duties on US goods, is the largest importer of US agricultural products
China announces 34% additional tariffs; Stock markets around the world keep falling, banks hit hard
Beijing slaps 15% levy on US LNG, coal; 10% on crude, farm equipment
However, China will be the most affected under Trump since he said there would be an additional 10 percent duty for goods coming from the Asian giant.
