Trump said after the Group of Seven (G7) summit in Biaritz, France, that he believed China really wanted to reach an agreement on the basis of what he called China's growing economic pressures and massive job losses.
Liu He, Vice Premier of the State Council, said on Monday that we are willing to solve the problem through consultation and cooperation with a "calm" attitude and firmly oppose the escalation of the trade war. Liu He is the Chinese leader in Sino-US economic and trade negotiations.
Trump called Liu He's speech a positive sign, emphasizing that he was a senior official of the Chinese government, and reiterated his statement that Chinese officials had spoken to U.S. trade officials last night to express their desire to return to the negotiating table. But China refuses to confirm this statement.
"I think they are very keen to reach an agreement. I think they had a strong will last night. The Vice Premier of China came out to speak and said he wanted to see an agreement reached.
"The longer they wait, the harder it will be for negotiations to resume and how they can resume," Trump said at a joint press conference with French President Mark Ron. "I think they have no choice."
Makron said an agreement would help eliminate the uncertainty that has been weighing heavily on global markets. He said Trump had told other G7 leaders that he wanted to reach an agreement with China.
Trump said he was more optimistic about the prospects for an agreement than in the near future.
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