Trump says China will take down trade barriers, deal on IP - Tweet

WASHINGTON (Reuters) - U.S. President Donald Trump said in a Tweet on Sunday that China would take down its trade barriers and that the two countries would reach a deal on intellectual property.

On Thursday, Trump directed U.S. trade officials to identify tariffs on $100 billion more Chinese imports, stoking fears of an all-out trade war between the world’s two largest economies.

In his Tweet on Sunday, Trump said he and Chinese President Xi Jinping would always be friends despite the dispute, adding: “China will take down its trade barriers because it is the right thing to do. Taxes will become reciprocal and a deal will be made on intellectual property. Great future for both countries!”