Asked in an interview with Fox News if he could make a deal with Chinese leader Xi Jinping on Taiwan and trade, Trump replied: “I can do that because we have something that they want, we have a pot of gold.”
After taking office on Monday, Trump said 10 percent tariffs on all Chinese imports could kick in on February 1 -- and on the campaign trail touted a levy as high as 60 percent.
China has warned that there are “no winners” in a trade war and vowed to defend its economic interests.
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