New Delhi, May 12 -- US President Donald Trump on Monday provided some clarity on what would happen if America and Chine do not settle on a trade deal after the stipulated 90 days.

In a press briefing at the White House, the US President was asked if the tariffs would go back to 145 per cent should US and China fail to reach a deal.

To this, Trump replied, "No".

However, he warned that the tariffs would indeed go up.

"But they will go up substantially higher [than 30%]."

Trump further said that he thinks Washington and Beijing will have a deal.

He repeatedly said that China wants to make a deal "very badly" and to avoid the worst phase of US China trade deal.

"I think they want the deal very badly."

The US President added that he ...