WATCH: Trump says U.S. and China ‘making a lot of progress’ in trade talks

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In the Oval Office Friday, President Trump greeted Chinese Vice Premier Liu, head of the delegation in Washington to discuss a trade deal, and spoke to reporters.

This video is about President Donald Trump’s speech at the Oval Office in the White House, Washington on February 22, 2019. Donald Trump starts his part by greeting Chinese Vice Premier Liu. He says that they are getting along very well. He declares that they are getting 25 percent of tariffs on $50 billion worth of goods coming in, mostly technology and high technology. Also, they are getting a 10 percent tariff on $200 billion worth of goods. He adds that this 10 percent will go up as of March 1, 2019. Hence, they will be getting 25 percent on $250 billion while there is about $267 billion that is untouched, which they will discuss later.

Trump remarks their relationship with China is outstanding. He says that President Xi has agreed to criminalize the sale of fentanyl, which is really important to him. He remarks that China has tougher laws than they do in this country. He declares that he will have a meeting with President Xi to discuss the final terms.

President Trump says that he could extend the deadline of March 1, 2019, if they are doing really well on negotiations. He adds that there are good chances that the deal will happen. He states that they are going have done a job like nobody has been able to do as caliphate defeated by 100 percent in Afghanistan. Also, he adds that they will a small force there so that it does not start again.

Donald Trump says that he wants to have a fair competition with China. Meanwhile, they will also talk about currency and currency manipulation. He recalls that they have stopped paying Pakistan $1.3 billion and looking forward to setting up a meeting with Pakistan.

On the attack on Indian forces, Trump says that it is a bad and dangerous situation between Pakistan and India. He says that he would like to see it stop. Coming back on the U.S.-China trade deal, he states that they are going to have a memorandum of understanding but a trade agreement.

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