Donald Trump exudes confidence of getting a “very good” trade deal with China despite ongoing tariff war
U.S: Despite the continuing tariff battle between the two countries, US President Donald Trump said on Thursday that he is certain he would get a “very good” trade agreement with China. While meeting with Italian Prime Minister Giorgia Meloni at the White House, who was in Washington to negotiate tariffs, he expressed his confidence.
The United States has imposed a universal 10 percent tax on most nations, while China is subject to far higher levies—up to 145 percent on a number of imports. Beijing has responded by placing up to 125 percent punitive taxes on American products.
Lin Jian, a spokesman for the Chinese Foreign Ministry, said that Washington must cease using “extreme pressure” and refrain from using “threats and blackmail” if it is serious about resolving the conflict via negotiations.
“Equality, respect, and mutual benefit should be the cornerstones of U.S. engagement with China,” he said.
“A tariff or trade war has no winners,” Lin said. “China is not scared of conflict, but it also does not seek it out.”
However, the US President quickly downplayed the possibility that his tariffs would lead to any trade accords. During a meeting with Italian Prime Minister Giorgia Meloni, Trump assured reporters that agreements will be reached “at a certain point.”
Trump said, “We’re in no rush,” and he expressed satisfaction with the money he anticipated the tariffs would bring in for the US government.
Ahead of White House negotiations, Trump and close friend Italian Prime Minister Giorgia Meloni voiced hope about resolving trade disputes that have strained US-European ties.
Following Trump’s announcement and subsequent suspension of 20% tariffs on European goods, Meloni is the first European leader to meet with Trump in person. As Italy’s leader, Meloni negotiated the meeting at a pivotal point in the trade war, but she has also been “knighted” to speak on behalf of the European Union, according to a report by the Associated Press.
Ahead of a White House lunch, Meloni sat across a table from Trump and declared her confidence that they could reach a trade agreement. She said, “I am here to help with that, and I am sure we can make a deal.”
Trump said that although he was not in a hurry, he generally anticipated making a statement about trade agreements.
Trump said, “We have something that everyone wants, so we’re going to have very little trouble making a deal with Europe or anybody else.”
Meloni promised to extend an invitation to Trump to come to Italy. At the next NATO summit in June, she said, she anticipated that Italy would declare that her nation could satisfy the alliance’s mandate that all members spend 2% of their GDP on defense. “As nations and together, we have a very good relationship,” Trump said.
