Trump: Mnuchin to Visit China, ‘Very Good Chance’ of a Trade Deal

WASHINGTON (Reuters) -
Trump China
U.S. Treasury Secretary Steve Mnuchin speaking at a news conference during the IMF/World Bank spring meeting in Washington over the weekend. (Reuters/Yuri Gripas)

U.S. President Donald Trump on Tuesday said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.

China has said it would welcome a visit by U.S. Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense trade dispute between the world’s two largest economies after Pres.Trump threatened to impose tariffs on Chinese imports.

“China’s very serious, and we’re very serious,” Pres. Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing. “We’ve got a very good chance at making a deal.”

Pres. Trump, speaking at the White House following a meeting with French President Emmanuel Macron, also said the United States was engaged in serious trade talks with the European Union, adding that U.S.-France trade relations were very good

“I would rather deal just with France,” he said.

Pres. Trump also said negotiations with Mexico and Canada over the North American Free Trade Agreement(NAFTA) were proceeding “very nicely.”