US President donald trump has once again made a big statement regarding the relationship between America and China. In an interview, when he was asked about the trade deficit and relations with china, he said that the relations between the two countries are good and the situation regarding trade is improving.
Trump said, "We are moving forward well with China." He further said that it is beneficial to have good relations with china, but they are now paying heavy tariffs." Trump's statement comes at a time when the white house recently said that there has been some good progress in trade agreements between the US and China.
This agreement was made between America and China
According to an AFP report, china has now agreed to send the necessary minerals (rare earth materials) to the US faster. Both the countries have also decided that the high taxes imposed on each other will be reduced for some time. This decision was taken after the talks held in Geneva in May.
President trump made a scathing attack on the previous government
President Trump made a scathing attack on china and the former Joe Biden government. He said that due to Biden, the trade deficit between the US and china reached $ 1 trillion, which is a big mistake. Trump said, "Biden put china ahead in everything, but we will not do this. We have signed a deal with china for rare-earth materials and we also have the strength. china needs our airplane parts, they cannot fly without us.”
Trump's disclosure on TikTok
Trump said that a group is ready to buy TikTok, which includes very rich people. He also told that China's approval is necessary for this deal and he hopes that President Xi jinping will approve it.
He said, "We have a buyer for TikTok. I will announce it in about two weeks." trump also reminded that when 145% tariff was imposed on china during his time, China's economy had come to a standstill and America benefited.
click and follow Indiaherald WhatsApp channel