Trump on China Trade Talks: 'We Are Doing Well,' But 'China Is Not Easy'

China Trade Negotiations Update

• 💬 President Trump stated that his team negotiating trade talks with China in London is 'doing well'.
• ⚠️ He acknowledged that 'China is not easy' but expressed optimism based on the 'good reports' he has received.
• 📞 Trump anticipates his first call with the negotiating team will occur soon after his return.

Trade Strategy and Tariffs

• 🎯 The administration's goal is to 'open up China', which Trump believes will benefit China and the rest of the world.
• 💰 Trump highlighted that tariffs were imposed on China during his first term, resulting in hundreds of billions of dollars collected.
• 📉 He noted that the US trade deficit was cut in half, attributing this to the tariffs and other economic factors.

Economic Outlook

• 📈 Trump expressed confidence in the economy, stating that the 'greatest economy in history' was achieved during his previous term and expects the current term to surpass it.
• 🗣️ He mentioned that announcers on business networks were surprised by the positive economic numbers.