'China will be hurt very badly if you don't make a deal', Trump tells Xi

Amidst reports that some 200 American firms are in talks of moving their units from China to India, US President Donald Trump on Monday warned his Chinese counterpart Xi Jinping that China "will be hurt very badly if you don't make a deal."

"I say openly to President Xi & all of my many friends in China that China will be hurt very badly if you don't make a deal because companies will be forced to leave China for other countries," Trump tweeted.

"Too expensive to buy in China. You had a great deal, almost completed, & you backed out!" Trump said ramping up his remarks against Beijing after the collapse of trade negotiations with China.

Officials of the Trump Administration say that China backed out of a trade deal that they had negotiated over past several months involving top officials from the two countries.

Last November, Trump and Xi had agreed to negotiate a trade deal in 100 days. As a result, Trump paused his decision to increase import tariffs of Chinese products. The .