Amid a growing pressure for volatility in global markets, the president Donald Trump, showed on Tuesday a possible turn in his commercial strategy with China.
During a press conference at the White House, the president indicated that tariffs imposed on Chinese products “will fall substantially”, although he stressed that they will not be completely eliminated, he said CNN.
His comments represent a change of tone after weeks of tensions and reteitherrich to Beijing, who took the American tariffs at a record level.
“145 % It is very high and will not be so high, ”said the president During a question session with the press, he pointed out CNN. “It will fall substantially. But it will not be zero.”
His statements followed those of the Treasury Secretary, Scott Besent, who on the same day warned that The commercial war has paralyzed the exchanges between the two main economies of the world.
In a private event organized by JP Morgan Chase, Besent considered the “unsustainable” situation and anticipated a prompt prompt conflictaccording to CNN A nearby source.
China posture
From China, officials have expressed provision to dialogue, although they have emphasized the need for mutual respect and coherence by the US administration.
Beijing had appointed a negotiator to advance the conversations, but sources indicated that the Chinese part faces confusion about who leads negotiations on the US side, suggesting that Trump seeks to control the process personally.
China does not take answers and sets in 125 % tariffs to US products
The voltage atmosphere has also been fed by hostile statements of some members of the US cabinet, as well as for recent Chinese criticisms to the vice president JD Vance Due to comments considered offensive.
Despite the conflict, the markets reacted positively. Wall Street closed up on Tuesday, and Asian bags followed the trend on Wednesday.
Hong Kong Hang Seng index rose 2.5 %, while Japanese Nikkei 225 and South Korean Kospi recorded 2 %and 1.5 %increases, respectively.
“Trump was crowded”: the label in China
In Chinese social networks, Trump’s apparent change of posture did not go unnoticed.
Trump’s label was cowed “became a trend In Weibo, accumulating more than 110 million visualizations.
Meanwhile, China continues to respond with its own measures: 125 % tariffs to American products, key exports restrictions such as strategic minerals and limitations to the entry of cultural products such as Hollywood films.
However, Trump has assumed a conciliatory speech towards the Chinese president, Xi Jinping, whom he had attacked at the beginning.
Trump now states that he has a “very good relationship” with his Chinese counterpart, while waiting for Beijing to contact the White House because the United States, he said, will not take the first step.
“We are going to be very friendly,” he said. “We want them to participate. I think we are going to live together very happily and ideally work together, so I think it will work very well.”
For its part, China has several times to be willing to dialogue to reach an agreement with Washington on equal terms.
For now, both countries seem willing to avoid definitive breakup, but any advance will depend on future negotiations occur in equilibrium conditions.
