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Trump: If China delays trade deal until after 2020 election, it’s going to be ‘much tougher’ on THEM

(NationalSentinel) President Donald Trump has a message for China should Beijing choose to continue dragging out trade negotiations until the 2020 election, hoping that someone defeats him: “If and when” he wins, any resultant deal he’d make will be far tougher than what his administration is pursuing now.

Or maybe “no deal” at all.

The president’s comments on Tuesday come as U.S. and Chinese trade negotiators meet again for the latest round of talks in Shanghai, though earlier POTUS said he didn’t really expect any major breakthroughs.

“China is doing very badly, worst year in 27 – was supposed to start buying our agricultural product now – no signs that they are doing so. That is the problem with China, they just don’t come through. Our Economy has become MUCH larger than the Chinese Economy is last 3 years,” he tweeted earlier in the day.

“..My team is negotiating with them now, but they always change the deal in the end to their benefit. They should probably wait out our Election to see if we get one of the Democrat stiffs like Sleepy Joe. Then they could make a GREAT deal, like in past 30 years, and continue……to ripoff the USA, even bigger and better than ever before. The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now…or no deal at all. We have all the cards, our past leaders never got it!” he added.

China says it has bought U.S. agricultural products. CNBC reported:

In a report Sunday, the state-run media agency Xinhua said millions of tons of U.S. soybeans have been shipped to China since July 19. The media agency added that companies are looking for soybeans, cotton, pork and sorghum. Soybeans have been a particularly vital issue between the two sides, and U.S. exports did increase by $727 million in May and are up 7% year to date over 2018.

But according to Fox Business, China still isn’t buying what was promised.

“To say we are doing great would be probably an overstatement,” American Soybean Association Vice President Bill Gordon told the network. “These markets are definitely still suppressed due to the tariffs.”

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But the president isn’t backing down. He reiterated on Tuesday that further delays in striking a trade deal with the U.S. will result in two things: Continued tariffs and an even worse deal for China later if the president wins reelection.

Already, there is a significant fall-off in U.S.-China trade, which, of course, impacts Beijing as well, The Blaze reports:

U.S. exports to China for the first five months of 2019 (the only ones with data published so far) is down more than $10 billion from 2018 ($53 billion to $43 billion). Exports to China were also down overall in 2018 by more than $9 billion from 2017, over the course of the entire year (although they were up slightly in the first five months of that year).

But as CNBC adds, the U.S. isn’t necessarily on the losing end: “In May, U.S. exports to China actually rose to $9.1 billion, but imports jumped to $39.3 billion, bringing this year’s deficit to $137.1 billion. That total actually is $15 billion less than through the same period in 2018, which saw a $419.5 billion U.S.-China trade deficit.”

  • By Jon Dougherty, The National Sentinel

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