April 24, 2018 / 4:41 PM / a month ago

Trump: 'Very good chance' of a U.S.-China trade deal

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.

U.S. President Donald Trump speaks during his Oval Office meeting with French President Emmanuel Macron (not pictured) following the official arrival ceremony for Macron at the White House in Washington, U.S., April 24, 2018. REUTERS/Kevin Lamarque

China has said it would welcome a visit by U.S. Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense trade dispute between the world’s two largest economies after Trump threatened to impose tariffs on Chinese imports.

“China’s very serious, and we’re very serious,” Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing. “We’ve got a very good chance at making a deal.”

Trump, speaking at the White House following a meeting with French President Emmanuel Macron, also said the United States was engaged in serious trade talks with the European Union, adding that U.S.-France trade relations were very good

“I would rather deal just with France,” he said.

Trump also said negotiations with Mexico and Canada over the North American Free Trade Agreement(NAFTA) were proceeding “very nicely.”

Reporting by Jeff Mason and Susan Heavey; Editing by David Alexander and Dan Grebler

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