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Trump Says It’s ‘Fine’ If September China Talks Are Canceled

EconomyAug 09, 2019 10:55AM ET
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(Bloomberg) -- President Donald Trump said talks with China planned for next month could be called off after the trade war between the world’s biggest economies abruptly escalated in recent days.

“We’ll see whether or not we keep our meeting in September,” Trump said as he left the White House Friday for a fundraiser in the Hamptons. “If we do, that’s fine. If we don’t, that’s fine.”

Trump last week said new tariffs on Chinese imports will take effect Sept. 1, shattering a truce reached with President Xi Jinping weeks earlier and unleashing tit-for-tat actions on trade and currency policy that risk accelerating a wider geopolitical fight between the two countries.

Trade negotiators are currently scheduled to meet again in Washington in September. Recent escalations have raised the possibility that negotiations could break down once again.

But Trump said the two countries still have “an open dialogue.”

“We’re doing very well with China,” Trump said Friday. “We’re talking to China. We’re not ready to make a deal but we’ll see what happens.”

Trump Says It’s ‘Fine’ If September China Talks Are Canceled
 

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Comments (28)
Chris Sundo
Chris Sundo Aug 14, 2019 6:07PM ET
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If Trump and other western countries were smarter with the remaining years in their elected positions to do SOME GOOD for America and their countries they would reorganize the public spending by assigning immigrants to jobs desperately needing filled, educate the immigrants to fill those jobs, make the immigrants sign papers to pay them the same wages as paid in China, organize barracks-like accommodations, like those used to house Chinese laborers in China, and in short imitate the Chinese system while protecting each immigrants' FREEDOM to live and enjoy life.
David David
David9 Aug 11, 2019 12:40AM ET
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I have been telling you guys ... this time around, we might not see those MAGA hats anymore, cause China will not make them for him.
Maximus Maximus
Maximus Maximus Aug 10, 2019 4:28PM ET
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Trump, in all his ineptitude, thinks he can stall, then win the election by making a deal in the nick of time. China, on the other hand, will simply outplay him by stalling even further until he has lost, then make a deal with his subjugator.
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David David
David9 Aug 10, 2019 4:28PM ET
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China follows the Confucius belief system, which is top down. A family have the parents making decision not the kids. Asian family will never let the kids run wild. They need to obey and respect the elder. That is why, China will never let their citizens run wild and do whatever they want. The people are very free to live their life, but yes they need to follow the rule of laws, period. This is the same everywhere.
Maximus Maximus
Maximus Maximus Aug 10, 2019 4:28PM ET
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Chinas rise has been long in the making, we only accelerated it by wilfully outsourcing our production and technology to them in the name of profit.
Paul Manefee
Paul Manefee Aug 10, 2019 4:28PM ET
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David, except that the Xi is asking their people to obey and bear the burden to pump up his own wallet and solidify his power. Xi and Wang have already created off shore accounts in his family members names to stack away the wealth the Chinese people has created for them, it’s always been the playbook of the Chinese ruling power for 5000years already, they don’t tell that internally of course, you’ve been brain washed
Matthew Lim
SilkRdEconomist Aug 10, 2019 4:28PM ET
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exactly
Matthew Lim
SilkRdEconomist Aug 10, 2019 4:28PM ET
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that happens not just to China but everywhere, matter of degree. if it goes overboard, something will rebalance back towards the mean.
Lynn McCord
the907man Aug 10, 2019 4:22PM ET
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We need full economic disengagement from China until they have free and open elections. We should have never begun trading with this autocratic dictatorship in the first place.
David David
David9 Aug 10, 2019 4:22PM ET
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Lol, tbus can be the joke of this century ... you clearly don't understand how the world works. There is no way any country or company can completely disengage from China. China is fast becoming the biggest economy of the world. Unless your country or business doesn't want to survive, there is no way you can disengage. China is a Sleeping Dragon awaken and ready to soar much much higher.
Matthew Lim
SilkRdEconomist Aug 10, 2019 4:22PM ET
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Che Tran
Che Tran Aug 10, 2019 4:22PM ET
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Nixon! just another example of how republicans will go all length to make any dollar
Bryan Ogle
Bryan Ogle Aug 10, 2019 2:01PM ET
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China cannot be trusted!!!
Glen Rautio
GlentheTaper Aug 10, 2019 8:58AM ET
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Ahhhhhh the sweet smell of free will.
mansoor ali
mansoor ali Aug 10, 2019 5:31AM ET
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Make all from usa, forget made in china,
David David
David9 Aug 10, 2019 5:31AM ET
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That can never happen ... Americans are not skillful enough to produce at high quality at a low wage. So 100% we will never ever have made in the USA again.
Matthew Lim
SilkRdEconomist Aug 10, 2019 5:31AM ET
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Trump says buy America, hire Americans. He wants to produce for the world at US prices. good try
Matthew Lim
SilkRdEconomist Aug 10, 2019 5:31AM ET
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Trump sold his.ppl this made in USA dream..... everyone can make the best that the market can't afford
Armen Apoian
Armen Apoian Aug 10, 2019 5:21AM ET
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Take all businesses out of China. communist regime. how can you trust them?
David David
David9 Aug 10, 2019 5:21AM ET
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China is not communist. President Xi Jing Ping likes to call it Socialist with chinese characteristics. This system is proven to rival the West. The facts are strong that this system can become the new system of the world, as China rises to become the number one economy of the world. Warren Buffet said, China has found their secret sauce.
Pham Binh
Pham Binh Aug 10, 2019 4:27AM ET
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wow, may be trump is big shark
EKL Teo
EKL Teo Aug 09, 2019 10:08PM ET
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A great leader gets peoples together a bad leader separate the world..
Rudy Gac
Rudy Gac Aug 09, 2019 10:08PM ET
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Like China's communist dictatorship??  Make it in America!!
Bernard Seah
Bernard Seah Aug 09, 2019 8:11PM ET
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He is another mahathir a typical loose cannon.
Don Getty
Don Getty Aug 09, 2019 5:30PM ET
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Dictator Donald, manipulating the markets again, Moscow Mitch, live at five with next weeks investment advisory!
SN Kumar
SN Kumar Aug 09, 2019 5:30PM ET
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not a dictator; but a president with a backbone we've seen in a very very long time.
Paul Har
Paul Har Aug 09, 2019 4:40PM ET
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Funny how people support Trump on this one.10% tariffs on china goods, who pays, oh yes the American people pay
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bomz bomzov
bomz bomzov Aug 09, 2019 4:40PM ET
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values exists that are not sold for money
bomz bomzov
bomz bomzov Aug 09, 2019 4:40PM ET
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Kevin Puckett  1 russian collusion 2 impeachment 3 taxes
Al Vlaj
alvlaj Aug 09, 2019 4:40PM ET
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Kevin Puckett you find many stores paying your sales tax? Same thing.
Chris Cummins
Chris Cummins Aug 09, 2019 4:40PM ET
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I can assure you Trump has no values that do not have a price on them. Ask Putin.
Rudy Gac
Rudy Gac Aug 09, 2019 4:40PM ET
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Small price to pay to make the Chinese play by the international trade rules.  And to stop stealing out intellectual property.
Eric Fuller
Eric Fuller Aug 09, 2019 4:24PM ET
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would be nice if he would just be quiet about trade. obviously he is making money on the volitility
Antonio Velardo
Antonio Velardo Aug 09, 2019 4:24PM ET
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Yes. That’s the real story here.
Marek Lisicki
Marek Lisicki Aug 09, 2019 4:24PM ET
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sic the SEC on him, maybe?
Karin KH
Karin KH Aug 09, 2019 4:24PM ET
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Of course, DT has earned so much from inside trades thru his twitters...so obvious & paid off all his debts avoid bankruptcy
Vladimiro Falacci
Vladimiro Falacci Aug 09, 2019 3:48PM ET
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He knows how to stimulate business
Al Vlaj
alvlaj Aug 09, 2019 3:48PM ET
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Only way he knows how to run a business is into the ground.
Tom Saltzman
Tom Saltzman Aug 09, 2019 2:59PM ET
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Take the China trade deal off the table permanently, rais tariff to 50%
David David
David9 Aug 09, 2019 2:59PM ET
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LMAO ... this can be the joke of the century. You have no idea what China will do if this were to happen. China will respond and put US into depression era.
Sonny Paine
Sonny Paine Aug 09, 2019 2:07PM ET
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Hope they have the handcuffs waiting as he walks out of the white house in Jan 2021. Lock him up! Lock him up! Lock him up! What a crook!
Keith Wilson
Keith Wilson Aug 09, 2019 2:07PM ET
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He, Clinton, Omar, Cortez, and Sharpton can all walk in together.
Junk Man
Junk_Man Aug 09, 2019 1:16PM ET
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Things always gets worse before they get better... It's all a matter of which generation wants to take the hit...
dan mat
dan mat Aug 09, 2019 12:31PM ET
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best thing for US is not have a deal, so nee factories be built in US. It needs to be clear that for at least a decade imports will have a tarrif attached so you can produce in US.
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Karin KH
Karin KH Aug 09, 2019 12:31PM ET
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@Ah Chew, finally a clever guy like U talking...:)
Keith Wilson
Keith Wilson Aug 09, 2019 12:31PM ET
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Trump doesnt realize just how proud the Chinese are. They will allow themselves to take a beating in lieu of losing their honor.
Keith Wilson
Keith Wilson Aug 09, 2019 12:31PM ET
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Yes, but that will wipe out the retirement savings of millions of people
Al Vlaj
alvlaj Aug 09, 2019 12:31PM ET
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We already had a decade like that because of tariffs. It was called the Great Depression...
Che Tran
Che Tran Aug 09, 2019 12:31PM ET
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lol.. dude you really need to read basic theories of trade and specially comparative advantage. for manufacturing, the US does not have comparative advantage as its labor is too high in comparison with the others such as developing countries
Pika Chu
Pika Chu Aug 09, 2019 12:08PM ET
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tariff man thought he is winning
Ben Dover
Ben Dover Aug 09, 2019 12:05PM ET
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Great deal maker hasn’t made a single deal since office.
Al Vlaj
alvlaj Aug 09, 2019 12:05PM ET
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Sure he has! Behind closed doors with Putin ...
Karin KH
Karin KH Aug 09, 2019 12:04PM ET
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DT cannot bully China & only care his election & let us hv suffered more tax & more $$$$ to pay everything. DT, such an old guy, will only 4 more years in WH, if get re-elected. Then, DT wl spend lifetime in Jail & bankcrupcy. The entire world wl excute him for he is King of mess & choas & bankcrupcy :) :) :)
Umar Ashfaq
Umar Ashfaq Aug 09, 2019 11:48AM ET
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Lol know body sees this ... he is just delaying the deal and will cash it near 2020 elections
Albert Ureña
Albert Ureña Aug 09, 2019 11:48AM ET
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or maybe china is stalling to make negotiations with another president instead
Brad Dover
Brad Dover Aug 09, 2019 11:33AM ET
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another trump failure . . . like everything else he messed up
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Chris Martin
Chris Martin Aug 09, 2019 11:33AM ET
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You working? Your friends working? These policies have generated more jobs than type clearly capable of digesting. You live at your folks house?
Tad Cooler
Tad Cooler Aug 09, 2019 11:33AM ET
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Chris Martin Obama created more jobs in his last 2 1/2 years then Trump did in his first 2 1/2. Please look it up. Trump is benefiting from Obama bailing us out of the last mess republicans got us into.
Chris Cummins
Chris Cummins Aug 09, 2019 11:33AM ET
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Lloyd Piercey NAFTA? another deal that is still not complete...losing...the Trump way!
Chris Cummins
Chris Cummins Aug 09, 2019 11:33AM ET
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Obama takes unemployment from over 8% to 4.1%. Trump drops it .4% and he is the job hero. I do not understand Republican math or logic.
Al Vlaj
alvlaj Aug 09, 2019 11:33AM ET
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Chris Cummins it’s the math they taught at the fradulent, defunct Trump University...
David David
David9 Aug 09, 2019 11:30AM ET
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You told you guys ... China is winning trade war hands down. Trump learns this is no real estate deal he is making here. He needs to fire Pompeo, Lightizer amd Ross. After that, he makes a deal or quit, that is his best options.
 
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