Trump Says US Nears ‘Very Fair’ Trade Deal With China

President Donald Trump said his administration is "very close" to securing a trade agreement with China, describing negotiations as "moving along well" and predicting a "very fair" and "very clear" deal. The president first signalled progress on 25 July and repeated the assessment in remarks over the past week. Speaking to reporters on 27 July in Turnberry, Scotland, ahead of a meeting with European Commission President Ursula von der Leyen, Trump said the two sides had "sort of made a deal," while cautioning that final terms were still being worked out. He offered no specifics on the scope of any accord or a timetable for completion. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer have been holding discussions with China’s International Trade Representative Li Chenggang and Vice Premier He Lifeng. The talks come against the backdrop of a 145% U.S. tariff on Chinese goods that took effect in April. Trump’s latest comments suggest negotiators may be nearing a breakthrough, though neither Washington nor Beijing has released details of potential concessions or remaining sticking points.