Trump says U.S. ‘will never catch up’ without ‘great’ trade deal with China

Source: By Jeff Mason, Reuters • Posted: Thursday, March 21, 2019

LIMA, Ohio, March 20 (Reuters) – U.S. President Donald Trump said on Wednesday the United States would “never catch up” if a “great” trade deal with China is not reached, as trade negotiators between the two countries prepare for the latest round of talks.

“We want to make a deal and hopefully we’ll make a deal, and if we don’t, that’s fine. If we do, that’s fine. It’s got to be a good deal. It can’t be a bad deal. We’re so far down, it’s got to be a great deal. If it’s not a great deal, you never catch up,” Trump said in a speech at a tank manufacturing plant. (Reporting by Jeff Mason; Writing by Makini Brice; Editing by Peter Cooney)