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Donald Trump Is Happy For Ties with India and China

Author : Odisha Today Bureau | Posted on: 2019-01-16

US President Donald Trump on Monday expressed his happiness over  the good relationship that the US has with countries like Russia, China, Japan and India at present.  He also expressed his desire to reach a trade deal with Beijing in near future. While addressing the reporters at the White House before leaving for Louisiana for a farmers event, Trump said that the US is doing very well with China.

 

"I have a great relationship with President Xi Jinping because it's good to have relationships with Russia, China, Japan and India and I have relationships with almost everybody. That's a good thing, not a bad thing”, Trump expressed with a note of pleasure on his face.

 

The US and China have locked horns recently in an escalating trade spat (since early 2018), and as a result they have raised import tariffs on more than USD 300 billion of each other's goods. In fact, last year, Trump imposed tariff hikes of up to 25 per cent on USD 250 billion of Chinese goods and the move prompted China to increase tariffs on USD 110 billion of US goods.

 

The protracted trade war between the top two economies of the world is seen by many as a battle for global leadership, that US thinks it is losing to China slowly and conversely, China thinks to capture the space when the US economy is not in so good shape. Some analysts believe that the talks, as it may continue in future in whatever shape, are unlikely to produce a major breakthrough. 

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