U.S. President Donald Trump holds a trade agreement with China within a period of about four weeks is possible. It would be achieved in the ongoing talks fast progress, Trump said in Washington on Thursday on the occasion of a meeting with the Chinese negotiator Liu He.
Also spoke of great progress. US media quote Trump with the statement that it will give within one month a "tremendous agreement". The agreement was on the verge of completion. Trump had already spoken of "significant progress". In contrast, the U.S. declared trade representative Robert Lighthizer, it had still not cleared the Central questions.
The trade dispute between the two largest economies holds out for months, and employs the stock exchanges in the world. Trump was once again a summit with his Chinese counterpart Xi Jinping. It should come to an agreement, there will be a Meeting with Xi in Washington.
Both sides, it is, in principle, to the technological, economic, and ultimately political supremacy in the 21st century. Century. The US has imposed special duties on Goods from China worth more than 250 billion euros. China responded with retaliatory tariffs. For weeks delegations of both countries commute between Beijing and Washington and here, to search for a solution to the conflict. The United States demand more market access in China, a reduction in the US trade deficit, as well as a better protection against piracy, and forced technology transfer for operating in China are US companies. The United States also object to government support of Chinese companies, which distort the market.
An agreement in the trade dispute that would have potentially drastic consequences for Germany. It is conceivable that Trump is focused again on the German car market. In the past, he had explained to the German car industry is a threat to "national security" of the United States, and with penalty duties of up to 25 per cent threatened. However, there had been contradictory statements from Trump. The German car manufacturers have been trying for months, duties to be avoided.