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Trump says China wants a Democrat to win 2020 election for trade deal

Washington: US President Donald Trump has said that China is rooting for a Democrat to win the 2020 presidential election in a bid to reach a trade deal with the US.

Trump took to Twitter and accused China of looting US of “hundreds of billions” of dollars.

“China wants to make a deal so badly. Thousands of companies are leaving because of the Tariffs, they must stem the flow. At the same time China may be hoping for a Democrat to win so they could continue the great ripoff of America & the theft of hundreds of Billions of $’s,” Trump tweeted.

His statement came a day after he said that US was not ready to make a trade agreement with China.

“We’re talking with China. We’re not ready to make a deal, but we’ll see what happens,” Trump told reporters on Friday.

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Trade tensions between Washington and Beijing are rooted in Washington’s unhappiness over China’s massive trade surpluses with the US, Efe news reported.

In 2018, the US posted a trade deficit of $419 billion with China due, largely, to the fact that American exports to Asia’s largest economy totalled just $120 billion, while US imports from China reached $540 billion.

During the first five months of 2019, the US trade deficit with China was $137 billion.

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