President Trump says he expects the trade dispute with China will end, but says it will take awhile. He addressed the trade issue while speaking at the National F.F.A. Convention over the weekend. He said, "It will all work out between China and the United States, you know they've been doing very well against us for 25, 30 years. They've been doing beyond well, taking $500 billion dollars a year out of the United States. Would you say that's a lot? That's a lot of corn. That's a lot of wheat. That's a lot of soybeans, can't do that. I said you can't do that, so we're in a trade dispute. I want to use that word because it's a nice, softer word, but we're gonna win. You know why, because we always win."
President Trump and China's president are scheduled to talk ahead of the G20 Summit in Buenos Aires in November. Bloomberg is reporting if the talks don't go well, a new round of tariffs will come in December.