“I’m not ready to make a deal yet.”
This was what the U.S. President, Donald Trump, said on Sunday when asked about having a trade deal with China anew.
Instead, Trump directly stated that he wanted to see China resolving Hong Kong’s political unrest first before striking a deal with China.
“I would like to see Hong Kong worked out in a very humanitarian fashion. I think it would be very good for the trade deal,” Trump said.
In a statement, the U.S. economic adviser said that the trade deputies of both China and the U.S. will have talks in the next ten days and if it yields positive outcome, the U.S. will ask China to come to the U.S.A. to seal the trade deal and end the trade war that has wreaked havoc in the global economy.
The U.S. government also dismissed issues of a global recession.
In the latest figures released, the world’s biggest economy, U.S., continues to grow with its retail sales hitting a 0.7% growth rate.