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Trump says he is in 'no rush' to complete US-China trade deal


Added 03-14-19 12:02:02am EST - “U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months…” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “Trump says he is in 'no rush' to complete US-China trade deal”. Below is an excerpt from the article.

U.S. President Donald Trump said on Wednesday he was in no rush to complete a trade pact with China and insisted that any deal include protection for intellectual property, a major sticking point between the two sides during months of negotiations.

Trump and Chinese President Xi Jinping had been expected to hold a summit at the president's Mar-a-Lago property in Florida later this month, but no date has been set for a meeting and no in-person talks between their trade teams have been held in more than two weeks.

The president, speaking to reporters at the White House, said he thought there was a good chance a deal would be made, in part because China wanted one after suffering from U.S. tariffs on its goods.

But he acknowledged Xi may be wary of coming to a summit without an agreement in hand after seeing Trump end a separate summit in Vietnam with North Korean leader Kim Jong Un without a peace deal.

"I think President Xi saw that I'm somebody that believes in walking when the deal is not done, and you know there's always a chance it could happen and he probably wouldn't want that," Trump said.

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