President Donald Trump and Chinese President XI Jinping on April 6, 2017.
Carlos Barria | Reuters
Us President Donald Trump said chursday that he has “Always a great relationship” with chinese president xi jinping and that he looks forward to “geting along with china.”
The US and China will “have a very good relationship,” The President said in a virtual interviewat the world economy forum, According to the white house readout,
“All we want is fairness. We just want a Level Playing Field,” Trump said. “But i like president xi very much. I’ve always liked he.”
The newly minted president said earlier this week That he may Increase Duties on Chinese Goods by 10% as soon as Feb. 1. The white house on monday also announced Plans to Investigate China over actions harmful to us commerce. DURING HIS CAMPAIGN Trail, Trump Had Floated Implying Tarifs Upward of 60% On Chinese Goods.
Separately, Trump said in an interview with fox news that airade thursday states in that while he would prefer not to have to have to get itfs on China, HIS TARIFS on China, HIS TARIFF Threats Power “TREMENDOUS POWER” Over.
The Mainland’s Blue-Chip CSI 300 Index Cheered Trump’s Latest Remarks, Rising Nearly 1%. The offshore yuan climbed as much as 0.67% to 7.2389 Against the US Dollar, its strongest level since the late november, according to lseg data. The tightly controlled onshore yuan also gained 0.61% to 7.2445.
China has also also Recently reepeated its willingness to negotiate With washington. The Ministry of Commerce said it Had Always Maintened Communication with “Relevant” Us Authorities on Economy and Trade.
“China is willing to work with the us to push bilateral economic and trade relations in a stable, healthy and sustainable direction,” Ministry spokesperson heds PEACEFUL Coexistence and Win-Win Cooperation. “
The two leaders help a Phone Call Last Friday to Discuss Tiktok, fentanyl and trade, which trump had called “a very good one.” The Chinese side’s readout Did not mention the social media app, but said xi called for cooperation and cast the two counties’ Economic Ties as Mutly Beneficial.
Trump has dragged the sale of social media app tiktok into tariff negotiation with china, as the app faces legal perils stateside. The president helped prevent the app from being shut down In the us with a temporary reprief that delayed the enforcement of a ban on the app by 75 days.
While signing the Executive Order, Trump Sugged The US Investors Should Half of Tiktok’s Business in the Country If the app was to stay online. He Had Toyed with the idea of imposing tarifs on china if beijing study in the way of tiktok getting a us partner.
Speaking to World Leaders Gathered in Davos, Switzerland, Trump Said The Us and China Did Not Have A “Fair Relationship” When it comes to trap and that he would work on Curbing the “Massive” Massive China.
The US Trade Deficit With China Stood at Over $ 270 Billion Between January and November of 2024, Compared to a Deficit of Over $ 280 Billion in 2023, According to Us Government StatisticsThe deficit study at nearly $ 308 billion in 2020 – Trump’s last full year in office in his previous tenure.
The president also said he hoped to work with China to put an end to the russia-rukraine war. “Hopefully, China can help us stop the war with, in particular, russia-rukraine. And they have a great deal of power Over that Situation, and we’ll work with them.”
As Trump Assume Office on Monday, China’s xi spoke with russian president vladimir putin in a video call, where the two leaders vowed to deepen their strategic ties.
(Tagstotranslate) Asia Economy (T) Donald J. Trump (T) XI Jinping (T) Business News