President Donald Trump said U.S.-China trade talks are progressing, describing them as “on the right track” and moving toward a “fair deal” after recent negotiations in Sweden.
U.S. President Donald Trump says trade talks between Washington and Beijing are “on the right track,” with both sides edging closer to what he described as a “very fair agreement.”
At a White House press briefing on Wednesday, July 30, Trump expressed optimism, stating, “I think everything is going very well. We are aligned with China.”
His comments came after U.S. and Chinese trade delegations met in Sweden for more than five hours, discussing an extension of the three-month trade truce and ways to resolve key economic disputes.
American officials have given Beijing until August 12 to reach a lasting deal that would end retaliatory tariffs and ease restrictions on rare mineral exports.
At the same time, Washington has signed separate trade agreements with the European Union, the United Kingdom, and Japan, while pursuing fresh negotiations with several other nations.
Economists say progress in the U.S.-China talks could calm global markets and ease trade tensions, but significant challenges remain before a final accord is sealed.
Observers add that Trump’s broader trade push, building new deals with allies, appears aimed at strengthening U.S. leverage and pressuring Beijing toward concessions.
