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Donald Trump says China’s economy is going down the tubes

US President Donald Trump said that China needs a trade deal with the United States because its economy is so weakened by US tariffs.

“China’s economy is going down the tubes — they want to make a deal,” Mr Trump said in an interview with Fox Business News hours before he took off for a G20 summit in Japan, where he will meet with Chinese President Xi Jinping.

media_cameraUS President Donald Trump and China’s President Xi Jinping. Picture: AFP

Mr Trump has hit $US200 billion ($A287 billion) of Chinese imports with levies and has threatened to impose them on an additional $US300 billion ($A431 billion) if Beijing does not agree to US demands for protection of intellectual property and other reforms to a trading system that Mr Trump says gives China huge unfair advantages.

The two sides said they were close to a deal before talks broke down in May.

Mr Trump noted that some companies are leaving China for Vietnam to avoid the US import tariffs, but he complained that Vietnam was “even worse than China” when it comes to unfair trading practices.

Vietnam is the “single worst abuser,” he said.


Mr Trump said he hopes the US does not go to war with Iran but if it did, America’s use of force would be overwhelming.

In an interview on Fox Business News, Mr Trump was asked if America is going to go to war

with Iran.

“Well, I hope we don’t but we’re in a very strong position if something should happen. We’re in a very strong position. It wouldn’t last very long, I can tell you that. And I’m not talking boots on the ground,” Mr Trump said amid acute tensions between the two countries.


The Kremlin says Russian President Vladimir Putin will meet with Mr Trump on the sidelines of an international summit in Japan.

Mr Trump has said he plans to meet with Mr Putin during the Group of 20 summit in Osaka, and Mr Putin has welcomed a meeting, saying he’s ready for dialogue.

media_cameraDonald Trump and Russian President Vladimir Putin shake hands. Picture: AP

The statement by Mr Putin’s foreign affairs adviser, Yuri Ushakov, marks official Kremlin acknowledgment of the meeting.

Mr Ushakov said the meeting is set for Friday and is expected to touch on arms control and international crises, including the Iranian nuclear deal, Syria, North Korea and Ukraine.

Originally published as Trump: China is ‘going down the tubes’

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