President Donald Trump said Monday that the United States has been “dealing very nicely with China” — while Beijing said it was seeking positive outcomes — hours before a tariff truce between both countries was due to expire.
While the United States and China slapped escalating tariffs on each other’s products this year, reaching prohibitive triple-digit levels and snarling trade, both countries in May agreed to temporarily lower them.
But their 90-day halt in steeper levies is due to expire Tuesday, and all eyes are now on a path forward.
Asked about the deadline on Monday, Trump said: “We’ll see what happens. They’ve been dealing quite nicely. The relationship is very good with President Xi (Jinping) and myself.”
Trump also touted the tariff revenue his country has collected this yea