Trump sees slowing Chinese growth pressuring Beijing on trade

US President Donald Trump speaks to the media as he walks to Marine One prior to departing from the South Lawn of the White House in Washington, DC, July 5, 2019.
Saul Loeb | AFP | Getty Images

U.S. President Donald Trump on Monday pointed to slowing economic growth in China amid restarted trade talks, saying U.S. tariffs were having "a major effect" and warning that "possibly much more" were to come.

Growth data released earlier on Monday showed the world's second-largest economy had slowed to 6.2% in the second quarter, its weakest pace in at least 27 years amid ongoing trade pressure from the United States.

"This is why China wants to make a deal with the U.S., and wishes it had not broken the original deal in the first place," Trump tweeted.

Donald Trump tweet 2

Trump and his administration are seeking to push China to make a trade pact after talks broke down in May. Trump and Chinese President Xi Jinping agreed to restart negotiations at their meeting at the G-20 last month.

U.S. and Chinese negotiators spoke by phone last week, and in-person talks are expected soon in Beijing, U.S. officials have said.