Tariffs hitting China ‘very hard,’ Beijing needs to make a deal

8/26/19
 
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from FoxBusiness,
8/26/19:

President Trump says China Opens a New Window. is going to have to come to the bargaining table and make a trade-war Opens a New Window. deal.

Speaking at a press conference following the conclusion of the G-7 meetings in Biarritz, France, Trump said the Chinese economy has already lost 3 million jobs and that many more job losses are on the way.

“The tariffs have hit them very hard in a fairly short period of time,” Trump said, adding that China is “not going to be able to compete.”

Earlier Monday, Trump said that Beijing had reached out indicating it wanted to return to the negotiating table.

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