US President, Donald Trump has said that relationship with China could be derailed over trade disputes as Beijing is absolutely killing the United States. At a White House news conference Mr. Trump said the United States have developed a great relationship with China, except the fact that they have been killing America on trade for a long period of time.
Tensions have escalated between Beijing and Washington in recent months, with China reporting a record 275.8 billion US dollar trade surplus with the US, contrary to President Trump’s goal to narrow the US trade deficit with China. The Trump administration has threatened tough action against China including punitive tariffs, sanctions and even a trade war.
The US Commerce Department recently recommended imposing heavy tariffs on China and other countries to counter a global glut in steel and aluminium.