‘Going to have good deal with China’: Trump says ahead of high stakes meeting with Chinese President Xi

President Donald Trump speaks during the ASEAN US Summit in Kuala Lumpur, Malaysia. (AP Photo)

US President Donald Trump on Sunday said that his administration is going to have a “good deal” with China as he meets the Chinese President Xi Jinping during his visit to South Korea this week. Officials from both the countries have indicated that a trade deal is drawing closer ahead of their high-stakes meeting, AP reported.

Trump had earlier threatened to impose a 100% levy on Chinese goods if a trade deal is not reached by November 1. US Treasury Secretary Scott Bessent has said that trade talks between America and Chinese officials at the sidelines of the ASEAN Summit in Kuala Lumpur have eliminated the threat of Trump’s 100% tariffs on Chinese imports.

Bessent added that he believes