Trump: US in no rush to complete trade pact

Trump: US in no rush to complete trade pact
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US President Donald Trump says he is in no rush to complete a trade pact with China.

Trump insisted that any deal must include protection for intellectual property, a major sticking point between the two sides. He added, however, that there was a good chance a deal would be made. Remarks came weeks before Trump is expected to hold a summit with his Chinese counterpart, Xi Jinping. China has not yet officially confirmed the meeting. But last month, the US president decided not to increase tariffs on Chinese goods as the representatives from the two sides were engaged in resolving trade disputes. However hurdles remain, with intellectual property being one of them. Washington accuses Beijing of forcing American companies to share their technology to local partners in order to do business in China. Beijing denies it engages in such practices.

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