The White House was pessimistic Wednesday on whether progress could be made with China on trade issues, saying no future talks have been set and that Beijing has shown no willingness to budge on its policies.

President Trump, when asked on the Fox Business Network whether there is hope for a breakthrough, said he didn’t see any. “I don’t think so. I mean, I told them ‘They want to make a deal?’ I said you guys aren’t ready yet. You’re just not ready.”