President Donald Trump said on Monday that trade talks with China were under way and any deal would need to be somewhat tilted in favour of the United States. Trump and Chinese President Xi Jinping agreed in a meeting on Saturday at a Group of 20 summit in Japan to restart trade talks after the last major round of negotiations collapsed in May. "I think we have a good chance of making a deal," Trump said. Talks broke down in May after the United States accused China of backtracking on reform pledges.Trump said China has had a "big advantage" over the United States in trade for "many years." It has to be a deal that is somewhat tilted to our advantage," Trump said.

Source: dna July 02, 2019 05:02 UTC