Donald Trump: I Blame Previous Presidents For Huge Trade Deficit, Not China

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President Donald Trump commend Chinese business front runners during his state visit to China, pointing out directly that he didn’t blame them for the huge trade shortfall with the United States.

“I don’t hold China responsible,” Trump said, pointing to estimations that the trade shortfall with the United States was as big as $500 billion.

“After all, who can blame a country for being able to take advantage of another country for the interest of its citizens? I give China great commendation.”

Donald Trump comments drew applause from the business leaders in the room.

Trump hold previous presidents of the United States responsible for allowing the unequal trade relationship with China.

“I do blame past administrations for allowing this wild trade shortfall to occur and to grow,” he said.

“We have to mend this because it just doesn’t work for our great American business, and it doesn’t work for our great American employees.

It is just not sustainable.”

Donald Trump pronounce that he had a good relationship with Chinese President Xi Jinping, and would continue to reach an agreement on trade.

United States President Donald Trump repeated his comments during a media appearance with President Xi prior to a meeting with the Chinese president, pointing out that the United States had a task to change it’s trade plans.

“[I]t’s too bad that past government allowed it to get so far off balance” he said.

Read alsoDonald Trump Warns North Korea: Don’t Make Deadly Mistake

“But we’ll make it just, and it will be very great for the two State.”

Trump, however, did not blame the United States for the Chinese theft of mental property, telling business leaders that it was costing the United States at least $300 billion a year.

“My governments is devoted to make our trade better and business relationships with China,” he said.

“And this relationship is something which we are working very hard to make a fair and mutual one.”

The White House said that they negotiated $250 billion in business deals on energy, transportation, technology, and agricultural products while in China.

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