In this file:
· U.S.-China trade talks resume
· Trump says he got letter from Xi, leaders may speak by phone
· Trump says deal with China is still possible, but tariffs are an 'excellent' alternative
U.S.-China trade talks resume
By Amie Simpson, Brownfield
May 9, 2019
Trade talks with China resume in Washington today.
White House press secretary Sarah Huckabee Sanders told reporters Wednesday that the administration has received “indications” that China wants to reach a deal.
And President Trump tweeted that the Chinese Vice Premier is coming back to the U.S. to make a deal. He added that he’s happy with the U.S. tariffs that are in place...
Trump says he got letter from Xi, leaders may speak by phone
Joshua Gallu, Bloomberg
via The Detroit News - May 9, 2019
President Donald Trump said he received a “beautiful letter” from Chinese President Xi Jinping and that the two leaders would probably speak by phone, as a delegation from Beijing arrives in Washington to negotiate a potential trade deal.
Speaking Thursday at the White House, Trump said it’s still possible that the U.S. and China reach a deal this week.
“I think it’ll be a very strong day,” Trump said. But, he added, “our alternative is an excellent one.”
Trump said Xi’s letter expressed optimism about working together and, when asked whether the two leaders would meet, he said they would probably speak by phone. “It was their idea to come back” to talks, he added.
China’s top trade envoy, Vice Premier Liu He, is due to land in the U.S. capital on Thursday afternoon and go immediately into discussions with Trump’s top negotiator...
Trump says deal with China is still possible, but tariffs are an 'excellent' alternative
· President Trump says tariffs are an "excellent" alternative to a trade deal with China.
· Trump's remarks came hours before Chinese officials were set to meet U.S. trade negotiators later in Washington.
· Asked if he would speak with Chinese President Xi Jinping, Trump says, "Well, he just wrote me a beautiful letter, I just received it, and I'll probably speak to him by phone."
Kevin Breuninger, CNBC
May 9, 2019
President Donald Trump said Thursday that tariffs are an "excellent" alternative to a trade deal with China, hours before Chinese officials were set to meet U.S. trade negotiators later in Washington.
Negotiators for the U.S. and China will meet at 5 p.m. ET, Trump said. He had set a midnight deadline to slap additional tariffs on China, though he has suggested that his administration might reverse its decision depending on progress in the negotiations.
"They'll see what they can do," Trump said at a White House event Thursday afternoon. "But our alternative is an excellent one."
"It's an alternative I've spoken about for years. We'll take in well over a hundred billion dollars a year. We never took in 10 cents from China," Trump said, referring to additional tariffs he promised to impose. "And I think it'll be a very strong day, frankly. But we'll see."
Fact-checkers have said Trump's claim that tariffs on China will yield $100 billion annually — a claim he had tweeted a day earlier — is inaccurate.
Trump added: "It was their idea to come back."
But Trump struck a more optimistic tone when asked if he would speak with Chinese President Xi Jinping...