I had a great meeting with President Xi of China yesterday, far better than expected.
President Donald J. Trump: I am in South Korea now. President Moon and I have “toasted” our new Trade Deal, a far better one for us than that which it replaced. Today I will visit with, and speak to, our Troops – and also go the the DMZ (long planned). My meeting with President Moon went very well!
I agreed not to increase the already existing Tariffs that we charge China while we continue to negotiate. China has agreed that, during the negotiation, they will begin purchasing large amounts of agricultural product from our great Farmers.
At the request of our High Tech companies, and President Xi, I agreed to allow Chinese company Huawei to buy product from them which will not impact our National Security. Importantly, we have opened up negotiations again with China as our relationship with them continues to be a very good one.
The quality of the transaction is far more important to me than speed. I am in no hurry, but things look very good! Their will be no reduction in the Tariffs currently being charged to China.