Trump says he has a ‘feeling’ that U.S., China can strike trade deal

FILE PHOTO: U.S. President Donald Trump speaks at a fundraiser in Des Moines, Iowa, June 11, 2019. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he had a “feeling” that a U.S.-China trade deal could be reached but again threatened to increase tariffs on Chinese goods if no agreement is reached.

Speaking to reporters at the White House, Trump also reiterated his intention to meet with Chinese President Xi Jinping but gave no further details.

“I have a feeling that we’re going to make a deal with China,” Trump said.

Trump and administration officials have been eyeing a possible meeting between the two leaders at the upcoming G20 summit in Japan, but Beijing has not confirmed any planned talks.

Trade talks between the world’s two largest economies fell apart in May.

(Reporting by Steve Holland; Writing by Susan Heavey; Editing by Chizu Nomiyama and Jeffrey Benkoe)

Pompeo says China trade deal has ‘got to be right’: interview

FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks to the media at the Department of Foreign Affairs in Pasay City, Metro Manila, Philippines, March 1, 2019. REUTERS/Eloisa Lopez

WASHINGTON (Reuters) – U.S. President Trump will reject a U.S.-China trade deal that is not perfect, but the United States would still keep working on an agreement, U.S. Secretary of State Mike Pompeo said in a media interview.

“Things are in a good place, but it’s got to be right,” Pompeo told Sinclair Broadcasting Group, according to a transcript released by the State Department on Tuesday.

Asked if Trump would walk away from any deal that was not perfect, Pompeo said, “Yes” and pointed to the Republican president’s rejection of an agreement with North Korea at a summit last week in Hanoi.

Trump last week said that he was willing to abandon trade talks with China, but U.S. advisers in recent days have signaled more positive outcomes.

Pompeo made his remarks following stops in Iowa, where he was attending a conference for farmers, who have been caught up in the ongoing trade war with the world’s top two economies.

“This has to work for America. If it doesn’t work, we’ll keep banging away at it. We’re going to get to the right outcome. I’m confident that we will,” Pompeo told Sinclair.

(Reporting by Susan Heavey; Editing by Steve Orlofsky)