Trump tells China to 'act now' on trade or face a 'far worse' deal in his second term

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Trump tells China to 'act now' on trade or face a 'far worse' deal in his second term
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Private equity is rising in prominence and presents potential issues for stock markets and retail investors.

President Donald Trump and China's President Xi Jinping shake hands at a press conference following their meeting outside the Great Hall of the People in Beijing last November.President Donald Trump on Saturday called for China to act now on trade or risk facing a worse deal if negotiations continue into a possible second term after the 2020 presidential election.

Trump, however, said he would prevail in the upcoming election and warned that a trade deal would be 'much worse' for China if it was negotiated during his second term. Trump said Friday's talks were constructive and negotiations will continue. The tariffs may or may not be removed depending on how the negotiations progress, the president said.

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