Trump Open to Reducing Tariffs with China

Former President Trump communicated that he is hesitant to raise tariffs on China further, indicating a potential openness to reducing them to encourage trade. He emphasized attempts at negotiation from China regarding TikTok and trade agreements.


Trump Open to Reducing Tariffs with China

The President of the United States, Donald Trump, revealed that he has been contacted several times by Chinese representatives, although he did not specify whether the communication was directly with President Xi Jinping or through officials of the Asian country. In statements made in the Oval Office, Trump expressed his perception of similarity in the messages coming from China and was optimistic about a possible trade agreement between the two nations.

Amid the tensions generated by the imposed tariffs, Trump highlighted the willingness to reach an agreement that would include trade concessions and the sale of the popular TikTok app's assets in the United States. Despite public statements from both sides urging the other to take the first step, the American president assured that he trusts in reaching a mutually beneficial understanding.

Regarding the sale of TikTok, Trump mentioned that an agreement has been reached subject to approval from China, which has caused delays in finalizing the deal. While he avoided confirming direct contacts with Xi Jinping, President Trump praised his Chinese counterpart's ability to conduct negotiations with precision and strength.

Trade tensions between the United States and China have escalated with the imposition of high tariffs by both sides as part of a broader economic conflict. Trump pointed out in his statements that, while he has increased tariffs on Chinese products, he is willing to refrain from further increases and would consider reducing them to preserve trade flow between the two nations. Although TikTok was a point of discussion, the president emphasized his interest in achieving a comprehensive agreement that benefits both economies.