US President Donald Trump says there's a good chance of his administration reaching a trade deal with China but stresses it will be on Washington’s own terms.
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00:00U.S. President Donald Trump says there's a good chance of his administration reaching a trade deal with China in a NewsNation town hall.
00:09However, just hours earlier, his own trade envoy, Jameson Greer, acknowledged that no tariff discussions between Washington and Beijing were underway.
00:20We were ripped off by China, but we were ripped off by everybody, but really by China.
00:25They were the king of ripping off the United States.
00:27Now, they're not doing any business here because I don't want them to do business.
00:32So I set a high tariff. I don't want them to do business.
00:34Now, will we make a deal? There's a very good chance we're going to make a deal, but we're going to make it on our tariff.
00:40Trump's comments came shortly after Greer confirmed no official negotiations with China were taking place.
00:47In a separate interview with Fox News, Greer said that Washington sought a fair trade relationship with the world's second largest economy.