May 8, 2019 / 3:11 PM / 2 months ago

White House says China has indicated it wants to make trade deal

WASHINGTON (Reuters) - The United States has received an indication from China that Beijing wants to make a trade deal, White House spokeswoman Sarah Sanders said on Wednesday, after Washington announced it will raise tariffs on $200 billion worth of Chinese imports.

Trade delegations from Washington and Beijing are scheduled to begin their latest round of talks on Thursday.

“We got an indication they want to make a deal,” Sanders told reporters. “Our teams are in continued negotiations. They’re going to sit down tomorrow. We’ll see what happens from there.”

A Reuters report earlier quoted U.S. government and private-sector sources as saying China had backtracked on almost all aspects of a draft trade agreement with the United States.

The United States will raise tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent effective on Friday, according to a notice posted to the Federal Register on Wednesday.

U.S. President Donald Trump said in a tweet on Wednesday that he would be “very happy with over $100 Billion a year in Tariffs filling U.S. coffers.”

Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Mohammad Zargham

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