President calls on Congress to pass USMCA deal, tariff bill
- Trump said the U.S., China have good chance to make trade deal
President Donald Trump in his State of the Union address said a trade deal with China will have to address not only what he called the chronic U.S. trade deficit but also changes in Chinese policies to protect American workers and businesses.
“I have great respect for President Xi, and we are now working on a new trade deal with China,” he said Tuesday at the Capitol in Washington, referring to his Chinese counterpart Xi Jinping. “But it must include real, structural change to end unfair trade practices, reduce our chronic trade deficit, and protect American jobs.”
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will lead a delegation to Beijing next week to lay the groundwork for a meeting between Trump and Xi later this month.