Trump Responds After Tariff Suspension – Calls Chinese “Proud People” and Xi Jinping “A Proud Man”

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Trump’s Confident Stance on US-China Trade Relations

President Donald Trump expressed optimism about China’s willingness to negotiate a trade agreement with the United States. This announcement follows the President’s recent tariff increase on Chinese imports, alongside a 90-day tariff pause for other nations. The statement, shared via his social media platform, has positively impacted the stock market, resulting in notable surges, particularly among certain stocks which saw gains of up to 20%.Despite these developments, Trump emphasized that the trade negotiations are far from settled, highlighting China’s eagerness to reach an agreement but suggesting they are uncertain on how to proceed.

Trade Imbalance and Market Reactions

Following Trump’s announcement, the technology and travel sectors experienced remarkable comebacks. For instance, Tesla and United Airlines stocks soared by 21% and 25%, respectively. In a subsequent interview, Trump reiterated his concerns regarding the trade imbalance, asserting, “Last year, China made 1 trillion dollars from trade with the United States. That’s not right.”His social media post not only urged a pause on tariffs but also mentioned the imposition of hefty 125% tariffs on Chinese products, following China’s retaliatory tariff increases on American goods.

Short-Term Tariff Pause and Negotiations

Trump clarified that the tariff pause is temporary, stating that “somebody had to do it, ”and reinforced that “nothing’s over yet.”He expressed confidence that several countries, including China, are now more inclined to negotiate fair trade terms with the U. S.“China wants to make a deal. They just don’t know how to go about it. It’s one of those things, ”Trump remarked, portraying President Xi Jinping as a “proud man”navigating these complexities.

International Interest in Trade Agreements

In addition to China, the President noted that other countries are also keen on establishing trade agreements with the U. S.He indicated that these nations are welcome to engage with the White House or relevant departments for negotiations. Trump also insisted that the 90-day tariff suspension applies to countries that have not retaliated against U. S.tariffs, warning that retaliation would result in doubled tariffs, referencing China explicitly.

“We’ll see how it all works out. I think that it’s going to work out amazing, ”Trump remarked, underscoring his belief in the potential for successful trade negotiations.“Sometimes you have to cut the bow and do what you need to do… and that’s what I did, ”he concluded, expressing satisfaction with his approach to trade relations.

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