Donald Trump seen rallying G7 members against China at France meet

U.S. President Donald Trump right chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. The United States and China are scheduled Thursday

U.S. President Donald Trump right chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. The United States and China are scheduled Thursday

The president said China was experiencing one of the worst months in half a century economically under his tough trade policies and signaled optimism that they were ready to make a deal.

The comments echoed remarks he made the day prior, while speaking with reporters after a meeting with Romanian President Klaus Iohannis, who was visiting the White House.

Stocks shot higher on Wall Street after the U.S. government announced it was delaying the implementation of tariffs on certain goods imported from China.

"We hope the United States will meet China halfway", the spokesman said referring to a trade agreement that can end the protracted trade row.

"If the United States acts arbitrarily, China will have to take countermeasures", he said.

He bristled at the media calling the tariffs feud with Beijing as "Trump's trade war".

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Despite launching a section 301 investigation of France's digital services tax on 19 August, the USA wants to rebuild its traditional alliance with the members of the European Union (EU) and Japan for waging a common fight against China's unfair practices, such as alleged theft of intellectual property, forced transfer of technologies, and subsidies provided to state-owned enterprises. Some American officials worry they might erode USA industrial leadership.

U.S. and Chinese negotiators are due to meet in September in Washington. It is willing to buy more farm products like soybeans and other USA exports.

"Although the US will delay tariffs on some Chinese goods, any new tariffs from America will unilaterally escalate the trade tensions", China's Ministry of Commerce Spokesman Gao Feng said in a press conference on Thursday. "We have to solve the problem with China". President Donald Trump and China's President Xi Jinping arrive for a state dinner at the Great Hall of the People in Beijing, Nov. 9, 2017.

Trump's latest view on Tuesday that a short-term recession is bearable as a small price for winning the much-needed trade war with China contradicts what Trump and his aides had been saying so far.

Gao said trade teams from both sides have been keeping in touch when asked whether the Chinese vice Premier Liu He would travel to Washington for the next round of face-to-face talks.

The report also notes that Trump is contradicting his assurances that the trade war will never injure the U.S economy as China will keep paying more.

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