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Trade deal with China ‘could very well happen,’ Trump says

Click to play video: 'Trump optimistic on trade deal with China'
Trump optimistic on trade deal with China
WATCH: Trump optimistic on trade deal with China – Jan 19, 2019

As trade talks between the U.S. and China move to Washington later this month, President Donald Trump is hopeful that the economic powers can find a way to end a costly tariff fight.

Trump tells reporters that “we’ve really had a very extraordinary number of meetings and a deal could very well happen with China.”

U.S. Trade Representative Robert Lighthizer and China’s economy czar, Vice Premier Liu He, are expected to hold talks at the end of January.

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Trump and Chinese leader Xi Jinping agreed on Dec. 1 to suspend further tariff increases for 90 days while they negotiate. The two sides have imposed tariff increase of up to 25 percent on billions of dollars of each other’s goods.

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