President Donald Trump said Wednesday Beijing so far has not made sufficient concessions in trade talks, making him reluctant to conclude a bargain.
“I can tell you this. China would much rather make a trade deal than I would,” he told reporters while touring a computer manufacturing facility that produces computers for Apple.
“I don’t think they’re stepping up to the level that I want.”
Wall Street retreated further from record highs on Wednesday as pessimism mounted among investors about the chances for a deal to bring an end to the lingering trade dispute.
Trump on October 11 announced a “phase one” deal resolving important US grievances about Chinese trade and currency practices.
But more than a month later, the two sides appear no closer to finalizing the text of any agreement.
China has insisted on a rollback of existing tariffs, which Trump said he has not agreed to. American officials want large purchases of US farm exports, which may be unworkable for Beijing.
Trump said he is “looking at” exempting Apple from the China tariffs, but said it might be unfair to Samsung given the US free trade deal with South Korea.
“We have to treat Apple on a somewhat similar basis as we treat Samsung,” Trump said.
Chinese officials also denounced legislation adopted by US lawmakers this week supporting protection of human rights in Hong Kong, which has been convulsed by protests this year against Beijing’s attempts to exert greater control.
Jeff Sessions’ fate is a warning for us all
Former Attorney General Jeff Sessions lost his primary race to be the Republican candidate for U.S. Senate in Alabama on Tuesday night in a landslide, according to Decision Desk HQ. Early returns showed him losing the shot to win back his old seat by more than 20 points to opponent Tommy Tuberville, who will face off against Democratic Sen. Doug Jones in November.
It wasn't a surprising loss for Sessions, though it is a brutal one. He gave up his seat in the Senate to become President Donald Trump's attorney general, and he lost his big chance to return because his one-time benefactor turned against him. Trump enthusiastically endorsed Tuberville while viciously and repeatedly denouncing Sessions.
Trump Jr. blasted for dragging Barron Trump into 2020 campaign: ‘You are messing up his mind’
President Donald Trump's eldest son on Tuesday dragged his 14-year-old half brother Barron into the 2020 presidential campaign -- and it did not end well.
Barron is the son of first lady Melania Trump from the president's third marriage, while junior's mother is Ivana, from the president's first marriage.
"In all fairness, Joe Biden is not capable of debating Barron Trump let alone Donald Trump," Trump, Jr. tweeted.
He was quickly blasted for bringing a minor into a presidential race.
Here's some of what people were saying:
CNN’s Cuomo slams Trump advisers for attacking Fauci: ‘Why doesn’t Captain Carnage tell his sycophants to shut up?’
On CNN Tuesday, Chris Cuomo slammed President Donald Trump's aides for attacking Dr. Anthony Fauci — and their boss for allowing it to continue despite knowing Fauci is correct.
"Trump knows Fauci is a trusted source," said Cuomo. "Given what just came out of his mouth, we have to ask why is he trying to destroy Fauci? And the answer is because Fauci keeps telling you the truth about COVID-19."
"If the president isn't behind it, why is his campaign pushing out a staffer like Stephen Moore, who is openly trying to smear Fauci's decades-long service?" said Cuomo. "The guy is supposed to be an economic analyst. What about this from Peter Navarro, another Trumper? Now he's a Fauci critic? These guys want to talk about being trustworthy and records of getting things wrong, and they work for Trump and never admit his legendary lies? And Dan Scavino, deputy chief of staff for communications, he posted this cartoon, mocking the top infectious disease specialist on his Facebook page as he calls him his colleague."