U.S. President Donald Trump expressed confidence in reaching a trade agreement with China, despite ongoing tensions and escalating tariffs.
Speaking from the White House on Thursday, April 17, 2025, Trump stated, “I think we are going to make a very good deal with China.”
Key Details:
- Tariff War: The U.S. and China have been locked in a prolonged trade war, with tariffs reaching up to 245% on Chinese imports. Trump emphasized that the ball is in China’s court to initiate negotiations.
- Economic Impact: The trade standoff has caused global market instability, with concerns over inflation and slowed economic growth. Trump defended the tariffs, claiming they benefit the American economy.
- China’s Response: Chinese officials have urged the U.S. to stop exerting “extreme pressure” and engage in dialogue based on mutual respect and equality.