Trump says that the China deal will open the Chinese market for American companies

president Donald Trump He said on Monday that his administration reached an agreement with China to temporarily reduce the customs tariff while the two sides are negotiating a final agreement, the president says it will open the Chinese market for American companies.

“The biggest thing we discuss is openness to China, and they have agreed to do so, but it will take some time for his paper, as you know, this is not the easiest thing in paper,” Trump said, noting that it will take time to end an official version of the agreement.

“I think it would be great for our business if we can enter, compete and compete with China,” Trump said. “It will be a lot of jobs in China, and I think it is at a time when they can use jobs frankly, and this is what we are talking about.”

He went on to explain that paying his administration for more Access to the market in China For American business is a way to reset trade balance between the two countries, including by removing non -transmitted barriers to trade.

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“We have opened our country to China, we have very few restrictions, and they have not opened their country for us. Open China. I think it will be great for China, and I think it will be great for us, and I think it will be great for monotheism and peace. ”

“China will also suspend all its non -critical barriers. They have agreed to do so … it’s very numerous,” he added.

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The president said that The “mutual” definitions It was revealed at the White House at the alleged liberation day celebrations on April 2, will be dropped from 125 % to 10 %, reducing the total tariff for Chinese imports from 145 % to 30 % for 90 days, while China reduces its definitions from 125 % to 10 %.

“Yesterday, we achieved the total Reset with China. After fruitful talks in Geneva, the two sides now agreed to reduce the definitions imposed after April 2 to 10 % for 90 days as negotiators continue on the largest structural issues, “Trump said.

“This does not include the definitions that are already on our tariff, and the customs tariffs do not include cars, steel, aluminum, things like this or the customs tariff that may be imposed on medicines because we want to return pharmaceutical companies to the United States,” he said.

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Trump went to describe Commercial negotiations As “very friendly” and tells the relationship with China, saying that an agreement will help strengthen the country’s economy.

“The relationship is very good,” Trump said. “

The President also pointed to China’s failure to comply with The commercial deal “first stage” He arrived with the Chinese government during his first term in his position.

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Treasury Secretary Scott Bessin said late last month in his appearance “Kudlow” by Fox Business Network The United States “must take into account that it has not adhered to the first stage deal.”