U.S. President Donald Trump on Tuesday reaffirmed that tariffs on China would remain in place during negotiations for a second phase trade deal with Beijing.  

Delivering opening remarks at the 50th edition of the World Economic Forum in Davos, Switzerland, Trump called his relationship with Chinese President Xi Jinping “extraordinary,” saying relations between the two rivals had improved following a “rough patch.”

“He [Xi Jinping] is for China, I am for the U.S. — other than that, we love each other,” he said, gathering laughter from the audience.  

Trump went on to say that had Washington not imposed tariffs

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