Skip to Content

‘We Have All the Cards.’ If Trump Wins 2020, He Threatens to Be ‘Much Tougher’ With China

President Donald Trump is threatening to get "much tougher" with China on trade if he wins reelection in 2020.

Trump is tweeting his frustration as negotiations between the countries resume Tuesday two months after talks aimed at ending a tariff war broke down.

Trump complains China's leaders "always change the deal in the end to their benefit" and suggests they should wait out the election to see if a Democrat wins.

But, he adds: "The problem with them waiting, however, is that if & when I win, the deal that they get will be much tougher than what we are negotiating now...or no deal at all."

He says, "We have all the cards."

Talks will be held Tuesday and Wednesday in Shanghai to try to resolve disagreements, including over China's tech giant Huawei.

More must-read stories from Fortune:

—The strongest Democratic candidate for 2020 is a woman, poll finds

–Why kids are skipping school to fight climate change

—Thousands of migrant children remain in shelters at the border

—What to expect from the second Democratic debate

—When it comes to politics, Americans are divided. Can data change that?

Get up to speed on your morning commute with Fortune’s CEO Daily newsletter.