Donald Trump has made it clear from his previous statements that he wants a trade deal with China, but judging by his current actions, he's not looking to get one done anytime soon, according to reports by CNN.
At the announcement of the USMCA, the new trade deal between the United States, Mexico, and Canada, Trump confidentiality spoke of the other countries and regions that have given in to his demands and made a deal, including South Korea, Japan, and the European Union.
Trump laughed at those who criticized his confrontational style toward trade, saying "we wouldn't be talking about a deal" with Mexico and Canada if he hadn't behaved in such a manner.
Political analysts believe this could be a sign that Trump won't be budging on a Chinese trade deal unless it suits him. Edward Alden, a senior fellow at the Council on Foreign Relations, told CNN, "That's going to embolden him to impose more tariffs and threaten more in the hopes of getting a better deal out of China."
Trump's Chinese strategy will be the main topic of discussion at this week's meeting of global finance chiefs and central bankers in Bali, Indonesia. Treasury Secretary Steven Mnuchin will be present and as the face of Trump's economic plans when abroad, it will be up to him to calm fears that this trade war could damage global economic growth.