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Trump to China: Trade deal now or it will be 'far worse' after 2020

President Donald Trump and China’s President Xi Jinping shake hands at a press conference following their meeting outside the Great Hall of the People in Beijing last November. (Photo, Getty Images)

President Donald Trump warned China on Saturday that it should strike a trade deal with the United States now, otherwise an agreement would be "far worse for them if it has to be negotiated in my second term."

Washington and Beijing are locked in a trade battle that has seen mounting tariffs, sparking fears the dispute will damage the global economy.

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