WASHINGTON—President Donald Trump is tweeting that an initial trade agreement with China is still on after a top White House advisers comments seemed to suggest it was over, spooking markets late Monday.
Trump tweeted: “The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreement!”
The Trump administration has been extremely critical of the Chinese regimes efforts to contain the CCP (Chinese Communist Party) virus, commonly known as novel coronavirus, early on.
The president repeatedly blames China for the pandemic in his remarks, leading to questions about future cooperation in areas such as trade.
Peter Navarro, director of trade and manufacturing policy at the White House, told Fox News “its over,” when asked a question that was focused on the China trade deal.
“(Trump) obviously really wanted to hang onto this trade deal as much as possible. And he wanted them to make good on the promises, because there had been progress made on that trade deal, but given everything thats happened and all the things you just listed, is that over?” Navarro was asked.
“Its over, yes,” Navarro replied.
But when contacted by The Associated Press, Navarro said his comments had been taken out of context and had nothing to do with the deal.
“I was simply speaking to the lack of trust we now have of the Chinese Communist Party after they lied abouRead More From Source