Pandemic clouds US-China trade deal: Trump

Published May 15, 2020
In this June 29, 2019 photo, US president Donald Trump and his Chinese counterpart Xi Jinping pose ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan.—Reuters
In this June 29, 2019 photo, US president Donald Trump and his Chinese counterpart Xi Jinping pose ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan.—Reuters

WASHINGTON: US President Donald Trump said on Thursday he was very disappointed in China over its failure to contain the novel coronavirus, and that the worldwide pandemic had cast a pall over his trade deal with Beijing.

The coronavirus outbreak, which originated in Wuhan, China, in December, was spreading as the United States and China signed a Phase 1 trade deal in January that was hailed by the Republican president as a major achievement.

“I’m very disappointed in China,” Trump said in an interview broadcast on Fox Business Network.

“They should have never let this happen. So I make a great trade deal and now I say this doesn’t feel the same to me. The ink was barely dry and the plague came over. And it doesn’t feel the same to me,” he said.

The US president’s pique extended to Chinese President Xi Jinping, with whom, Trump has said repeatedly, he has a good relationship.

“But I just right now I don’t want to speak to him. I don’t want to speak to him,” Trump said.

Under the Phase 1 agreement, Beijing pledged to buy at least $200 billion in additional US goods and services over two years while Washington agreed to roll back tariffs on Chinese goods in stages.

A Chinese state-run newspaper has reported that some government advisers in Beijing were urging fresh talks and possibly invalidating the agreement.

Trump said again he was not interested in renegotiating.

Trump was asked about a Republican senator’s suggestion that US visas be denied to Chinese students applying to study in fields related to national security, such as quantum computing and artificial intelligence.

“There are many things we could do. We could do things. We could cut off the whole relationship,” he replied.

“Now, if you did, what would happen? You’d save $500bn if you cut off the whole relationship,” Trump said, referring to estimated US annual imports from China, which Trump often refers to as lost money.

Published in Dawn, May 15th, 2020

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Hybrid worries
Updated 13 Jul, 2025

Hybrid worries

Once elected office is reduced to theatre, useful only for maintaining appearances, it becomes a stage for managing perceptions rather than exercising power.
Bitter taste
13 Jul, 2025

Bitter taste

THE government’s plan to import 350,000 tonnes of sugar, months after allowing the export of more than twice that...
No red lines
13 Jul, 2025

No red lines

THE US’ move to sanction Francesca Albanese, the UN’s Special Rapporteur on human rights in the occupied...
Gruesome murders
Updated 12 Jul, 2025

Gruesome murders

Long-term security can only be achieved when there is equitable development across Balochistan.
Solar policy
12 Jul, 2025

Solar policy

SOLAR net metering reforms are back in the limelight. On Thursday, Power Minister Awais Leghari announced that he...
New hope
12 Jul, 2025

New hope

EDUCATION shapes the destiny of a nation. Sadly, Pakistan’s public education sector is experiencing a national...