President Trump is warning China not to wait until the 2020 election to reach a trade agreement.
In a series of morning tweets on Tuesday, Trump said that China could get a “GREAT” deal if a Democrat wins the presidential election. He added, however, that if he wins reelection, the deal offered to China will be “tougher” than the one currently being negotiated. He also warned of the possibility of “no deal at all.”
{mosads}”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,” Trump said.
“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,” he added. “We have all the cards, our past leaders never got it!”
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin were scheduled to go to China on Tuesday to meet with Vice Premier Liu He.
After trade negotiations collapsed in May, Trump raised tariffs on $200 billion in Chinese goods and has threatened to impose tariffs on $300 billion in Chinese imports, but has said he will not do so while talks continue.
The president’s tweets also come hours ahead of the second round of Democratic debates.