President Trump Expresses Optimism About Reaching Trade Deal with China Amid Ongoing Tariff Dispute AP News +6
President Donald Trump expressed confidence that the U.S. will secure a favorable trade deal with China, despite ongoing tensions and high tariffs between the two nations. He emphasized openness to negotiations, while China called for mutual respect and an end to "extreme pressure" from the U.S. The situation remains closely watched by global markets.
On April 17, 2025, President Donald Trump stated that the United States is poised to secure a "very good" trade agreement with China, despite the current impasse in negotiations and escalating tariffs between the two nations. Speaking from the White House, Trump expressed confidence in achieving a favorable deal but did not provide specific details or a timeline for resuming talks. Reuters+1ABC+1
The President's remarks come amid a backdrop of heightened trade tensions. The U.S. has imposed tariffs totaling 145% on Chinese imports, while China has retaliated with 125% tariffs on American goods. Despite these measures, Trump has indicated a willingness to negotiate, emphasizing that the U.S. is not in a rush but is open to discussions when China is ready. VoxThe Street
China's Ministry of Commerce has urged the U.S. to cease applying "extreme pressure" and called for mutual respect as a foundation for any future discussions. However, both sides remain at a stalemate over who should initiate dialogue. Reuters
As the trade dispute continues, the global economic community watches closely, recognizing the significant impact that U.S.-China relations have on international markets.
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