US President Trump making encouraging comments on trade (sort of)

In an interview with Reuters

  • China is 'buying tremendous amounts of soybeans'
  • Soybean purchases by China are 'just starting now'
  • Negotiations with China are already taking place via telephone
  • Says his administration will 'probably' have another meeting of top US Chinese officials
  • If necessary, he will meet with Chinese president Xi again on trade issues
  • Thinks China is looking to cut tariffs onUS cars to 15% 'immediately, very quickly'
  • Says won't raise tariffs on Chinese goods until he finds out whether US and China will reach a deal
  • Says auto tariffs on Japan and European union depend on trade negotiations with them

Earlier: