Trump defends China trade battle, vows deal will happen

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Trump defends China trade battle, vows deal will happen.

WASHINGTON - U.S. President Donald Trump on Tuesday defended his trade war with China as tensions escalated and markets extended their losses, promising a deal with Chinese President Xi Jinping soon, even as fears escalated about a protracted battle.

"Hopefully China will do us the honor of continuing to buy our great farm product, the best, but if not your Country will be making up the difference," he wrote in post addressing U.S. farmers directly. A day earlier, Trump said he would talk to Chinese President Xi Jinping at a G20 summit in late June in Japan, and on Tuesday praised his"respect and friendship" with Xi.

 

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