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Tensions and Trade: Trump's Approach to China
2025-04-26 12:29:10
Asia
China
Politics

Tensions and Trade: Trump's Approach to China

Image courtesy of : AFP (MANDEL NGAN)

In a recent interview, President Trump disclosed that he had spoken with China's President Xi Jinping amid escalating trade tensions. He asserted that Xi's call should not be interpreted as a sign of weakness.

Trump clarified his stance on tariffs, indicating that the proposed rates would be significantly lower than the initially suggested 145%. This shift in rhetoric aims to quell market anxiety and suggests a potential easing of hostilities.

Meanwhile, China has openly criticized unilateral actions in global trade, signaling its resistance to pressure. As both nations navigate these complex dynamics, Trump anticipates trade deals within a few weeks, emphasizing that concessions from China are necessary for any tariff reductions.

This ongoing saga highlights the delicate balance of international trade relationships.

Related news on that topic:

Economic Pressures Challenge Trump's Trade Policies

President Trump's economic strategies, particularly his aggressive tariff policies and verbal assaults on the Federal Reserve, are encountering significant resistance. The pressure from market reactions and business leaders is prompting reconsideration of his stance. Major retail giants such as Walmart, Target, and Apple have voiced concerns about the tariffs leading to price hikes and shortages, influencing a potential shift in trade policy. Additionally, Trump's calls for interest rate cuts and criticism of Fed Chair Jerome Powell have sparked global concerns over the Fed's independence, hinting at potential financial instability. The White House is reportedly contemplating a reduction in tariffs on Chinese goods, signaling a possible de-escalation in trade tensions. This comes amid fears of a financial crisis reminiscent of 1929, with the Trump administration's economic actions being largely self-inflicted rather than pandemic-induced. Globally, leaders like China's Xi Jinping are criticizing the trade wars for undermining global economic stability. As the situation unfolds, the economic landscape continues to challenge Trump's policies, with the administration seeking a balance between protectionist rhetoric and sustainable economic strategies.

China and the US: Navigating Trade Tensions and Economic ... Strategies

China and the United States remain locked in a challenging trade conflict that has seen tariffs soar on goods between the two nations. Chinese leaders, including President Xi Jinping, have committed to stabilizing their economy amidst these tensions, focusing on supporting domestic businesses affected by the trade war. Despite President Trump's indications of reducing tariffs, China has denied ongoing negotiations, emphasizing their strategic economic plans. The trade war has impacted global markets, with countries like Japan and South Korea seeking measures to mitigate the effects of US tariffs. Japan has introduced economic measures to support vulnerable industries, while South Korea engages in negotiations with the US to resolve tariff disputes. Meanwhile, American firms are increasingly cautious about investing in China due to the volatile trade environment. Global economic stability remains a concern, as the International Monetary Fund highlights increased recession risks due to trade uncertainties. As the US and China navigate this complex terrain, both nations are exploring avenues for potential de-escalation, which could ease pressures on businesses and restore market confidence.

Read 13 more recent news on this topic

The press radar on this topic:

AFP
25. April 2025 um 13:37

Trump on Tariffs: China's President Xi Called

US President Donald Trump reported a phone call with Chinese President Xi Jinping regarding the ongoing tariff conflict between the US and China. Trump stated that this was not a sign of weakness on Xi's part. The Chinese government denied reports of trade talks with the US, while Trump's Treasury Secretary Scott Bessent confirmed that there were no negotiations. The tariffs imposed by Trump on Chinese products average 145 percent, while China has imposed counter-tariffs of 125 percent on US i..
The Street
29. April 2025 um 18:11

Trump eases tensions, says China tariffs will be 'nowhere near' 145%

President Trump moved to ease trade tensions with China, stating that proposed tariffs will be 'nowhere near' the previously floated 145% figure. He emphasized that he is not looking to 'play hardball' with China. The comments come after Trump's earlier declaration of 'reciprocal' tariffs, which rattled global markets. The U.S.-China trade conflict has escalated in recent years, with both sides imposing retaliatory tariffs. Trump's latest remarks have helped calm investor concerns and sparked a..
The Guardian
26. April 2025 um 01:55

China’s top leaders pledge to oppose ‘unilateral bullying’ in global trade in veiled rebuke to Trump – US politics live

China pledges to support economy, oppose 'unilateral bullying' in trade war with US. Federal judges block Trump policies on immigration, education. Trump rebukes Putin, eases self-driving car rules. Trump store sells '2028' hats despite poll showing most say he shouldn't run again. Economist says China not rushing to launch large stimulus.
The Street
12. Mai 2025 um 19:26

Trump gives a new deadline on trade deals

President Donald Trump said that trade deals are to be expected in the next 3-4 weeks. The U.S. won't drop tariffs on China unless they give the U.S. something, he added. "What I’m doing is exactly what I’ve campaigned on," he added. This is a developing story.
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