Trump stated in a tweet that he wanted Beijing open the Chinese markets not only to financial services but also to "Manufacturing, Farmers and other US businesses and industries". According to him, without that, the deal would be unacceptable.
The US President also addressed the ongoing trade talks between Washington and Beijing.
"China’s top trade negotiators are in the US meeting with our representatives. Meetings are going well with good intent and spirit on both sides", Trump said in a Twitter post. "No final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and more difficult points".
….meeting with their top leaders and representatives today in the Oval Office. No final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and more difficult points. Very comprehensive transaction….
….China’s representatives and I are trying to do a complete deal, leaving NOTHING unresolved on the table. All of the many problems are being discussed and will be hopefully resolved. Tariffs on China increase to 25% on March 1st, so all working hard to complete by that date!
The statement of the US President comes following meetings between the American and Chinese officials, which are a part of the agreement reached by Trump and Chinese President Xi Jinping in Buenos Aires on 1 December 2018. The sides planned to engage in 90 days of negotiations with a view to achieving needed structural changes in China that affect trade between the two countries.
Beijing and Washington have been engaged in a trade war since Trump announced in June that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. Since then, the two countries have exchanged several rounds of trade tariffs, levying duties on hundreds of billions of dollars of goods.