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US President Donald Trump took credit for China's economic slowdown on Friday after Beijing acknowledged that retail sales and industrial production were down for the month, Daily Mail reported.

The data is putting a squeeze on China, the president asserted, and Beijing is eager to make a deal.

'China just announced that their economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes. U.S. is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!' Trump tweeted, admitting that he's in a trade war with the nation. 

The president boasted on Thursday about $11 billion in tax penalties that the U.S. has raked in since he decided to start a trade fight with Beijing. 

Beijing is struggling under the weight of his tariffs, Trump said, which have brought in billions in the four months since he imposed them.

'China’s economy if it’s in trouble, it’s only in trouble because of me,' he contended in a Thursday interview.

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