US Prez Donald Trump rules out renegotiating trade deal with China

US President Donald Trump has ruled out renegotiating the trade deal with China. He expressed disappointment over Beijing's handling of the coronavirus outbreak, which has spread across the world killing over 3 lakh people, including 80 thousand in America.

In an interview, Trump signaled a further deterioration of his relationship with China over the novel coronavirus. He said that he has no interest in speaking to President Xi Jinping right now. He even further suggested, he could even cut ties with the world's second largest economy.

The US and China in the beginning of the year



signed Phase-1 of a trade deal, ending a bitter two-year tariff war that had rattled the global economy.

There has been increasing pressure on the President Trump, in the last several weeks, to take action against China as lawmakers and opinion-makers feel that the COVID-19 spread across the world from Wuhan because of Chinese inaction.

US has claimed that the deadly virus originated from the Wuhan Institute of Virology. It has repeatedly asked China to allow the international community to go into the laboratory in Wuhan for investigation.