President Donald Trump said on Tuesday that China hopes to make a deal with the United States to end a brewing trade war but added that “they don’t know how to get it started.”
Trump remained hopeful that China, one of America’s biggest trade partners, would come to the negotiating table after the two countries traded punches following the rollout of Trump’s “Liberation Day” tariffs. In a post on Truth Social on Tuesday morning, Trump said that South Korea appears ready to strike a deal with the United States and added that an agreement with China “will happen.”
“China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen! GOD BLESS THE USA.” he wrote.
After Trump slapped a 34% tariff on China last week, the communist country responded with a 34% retaliatory tariff on American goods. On Monday, Trump gave China a deadline of Tuesday “to withdraw” its retaliatory tariff on the United States, threatening to levy an additional 50% tariff on Chinese imports. That 50% tariff would be on top of the 34% tariff announced last week and a 20% tariff imposed on China shortly after Trump took office, making China the biggest target of Trump’s aggressive trade policy.
The president also threatened to cancel meetings with Chinese leaders on tariffs if the country did not remove its retaliatory tariff on the United States by Tuesday. Trump did not mention his deadline for China in his post on Tuesday morning.
China responded to Trump’s threat, calling it “blackmail” and vowing to “fight to the end.”
“The U.S. so-called ‘reciprocal tariffs’ against China are groundless and a typical practice of unilateral bullying,” the Chinese Embassy in the U.S. posted on X. “The countermeasures China has adopted are entirely legitimate actions aimed at protecting its sovereignty, security, and development interests, as well as maintaining a normal international trade order.”
“There is no winner in a trade war and protectionism leads nowhere. Pressuring and threatening are not the right way to engage with the country,” the embassy added. “China urges the United States to immediately correct its wrongdoings, cancel all unilateral tariff measures against China, stop its economic and trade suppression, and settle differences with China properly through equal-footed #dialogue on the basis of mutual respect.”
In his post, Trump was optimistic that a deal would be struck with South Korea and “many other countries.” The president said South Korea is sending its “top team” to the United States to begin negotiations. Along with South Korea, Japan, Vietnam, Israel, Argentina, and the European Union have all suggested that they are open to making deals with Trump to end the tariffs.
Additionally, Treasury Secretary Scott Bessent said that around 70 countries are ready to agree to trade deals with the United States, and meetings with those nations will be held “over the coming weeks.”
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[[{“value”:”
President Donald Trump said on Tuesday that China hopes to make a deal with the United States to end a brewing trade war but added that “they don’t know how to get it started.”
Trump remained hopeful that China, one of America’s biggest trade partners, would come to the negotiating table after the two countries traded punches following the rollout of Trump’s “Liberation Day” tariffs. In a post on Truth Social on Tuesday morning, Trump said that South Korea appears ready to strike a deal with the United States and added that an agreement with China “will happen.”
“China also wants to make a deal, badly, but they don’t know how to get it started. We are waiting for their call. It will happen! GOD BLESS THE USA.” he wrote.
After Trump slapped a 34% tariff on China last week, the communist country responded with a 34% retaliatory tariff on American goods. On Monday, Trump gave China a deadline of Tuesday “to withdraw” its retaliatory tariff on the United States, threatening to levy an additional 50% tariff on Chinese imports. That 50% tariff would be on top of the 34% tariff announced last week and a 20% tariff imposed on China shortly after Trump took office, making China the biggest target of Trump’s aggressive trade policy.
The president also threatened to cancel meetings with Chinese leaders on tariffs if the country did not remove its retaliatory tariff on the United States by Tuesday. Trump did not mention his deadline for China in his post on Tuesday morning.
China responded to Trump’s threat, calling it “blackmail” and vowing to “fight to the end.”
“The U.S. so-called ‘reciprocal tariffs’ against China are groundless and a typical practice of unilateral bullying,” the Chinese Embassy in the U.S. posted on X. “The countermeasures China has adopted are entirely legitimate actions aimed at protecting its sovereignty, security, and development interests, as well as maintaining a normal international trade order.”
“There is no winner in a trade war and protectionism leads nowhere. Pressuring and threatening are not the right way to engage with the country,” the embassy added. “China urges the United States to immediately correct its wrongdoings, cancel all unilateral tariff measures against China, stop its economic and trade suppression, and settle differences with China properly through equal-footed #dialogue on the basis of mutual respect.”
In his post, Trump was optimistic that a deal would be struck with South Korea and “many other countries.” The president said South Korea is sending its “top team” to the United States to begin negotiations. Along with South Korea, Japan, Vietnam, Israel, Argentina, and the European Union have all suggested that they are open to making deals with Trump to end the tariffs.
Additionally, Treasury Secretary Scott Bessent said that around 70 countries are ready to agree to trade deals with the United States, and meetings with those nations will be held “over the coming weeks.”
“}]]
