Foreign
Trump Signals Optimism Amidst Trade Tensions with China.
The White House indicated Friday that President Trump remains optimistic regarding a potential trade agreement with China, despite escalating trade hostilities between the two nations.
White House Press Secretary Karoline Leavitt stated, “The president has made it very clear he’s open to a deal with China,” during a press briefing. This statement comes as recent tariff escalations from both sides have unsettled global markets.
While acknowledging the administration’s commitment to addressing trade imbalances with China, Leavitt cautioned against retaliatory measures. Recent weeks have seen significant tariff increases, including a 125% tariff on Chinese goods, a 20% “fentanyl tariff,” and retaliatory measures from China raising tariffs on US imports to 125%.
The administration maintains that taking action on trade with China has bipartisan support and remains a key priority. Despite the current tensions, the White House maintains a position of openness towards a negotiated resolution.