China confident it can clinch U.S. trade pact, Trump demands ‘real deal’

SHANGHAI (Reuters) – China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that he would revert to more tariffs if the two sides cannot resolve their differences.

In a brief statement on its website, the Chinese Commerce Ministry said China would try to work quickly to implement specific issues already agreed upon. “We are confident in implementation,” it said, calling the latest bilateral talks “very successful”.

Trump, via Twitter, held out the possibility of an extension of the ceasefire but warned tariffs would be back on the table if the talks failed to bear fruit. “We are either going to have a REAL DEAL with China, or no deal at all – at which point we will be charging major tariffs against Chinese product being shipped into the United States. Ultimately, I believe, we will be making a deal – either now or into the future,” Trump wrote in a post within minutes of the Commerce Ministry statement.