SAINT-JEAN-DE-LUZ, France – President Donald Trump said on Sunday that he could declare the rising US-China trade war as a national emergency if he wished.
"In many ways this is an emergency," Trump said at a meeting of G-7 leaders of the ongoing trade clashes between the world's top two economies.
"I can declare a national emergency, I think when they steal and steal and steal intellectual property anywhere from $ 300 billion to $ 500 billion a year and when we have a total loss of almost a trillion dollars a year for years, "Trump said, adding that he has no plans today to call for a national emergency.
"We're really in a good mood in China right now, we're talking. I think they want to make a deal more than I do. I can make a lot of money on tariffs going into the billions. We have not yet gained 10 cents from China, so we will see what happens. "
Trump's comments came as he met with British Prime Minister Ister Boris Johnson to kick off the Group of 7 meetings in the French coastal town of Biarritz.
The G-7 gathering cloud, which represents the major industrial hubs in the world, is the tariffs for tariffs between Washington and Beijing.  US President Donald Trump attends a bilateral meeting with British Prime Minister Boris Johnson at the G7 summit on August 25, 2019 in Biarritz, France.
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