Trump believes China wants to strike a trade deal with America after he raised tariffs against them. He announced a 90-day pause for all other countries, which sent markets upward - Tesla gained 21%, and United Airlines jumped 25%. The President claimed China made $1 trillion from US trade last year, calling it unfair. He declared 125% tariffs on Chinese goods after China announced it would increase tariffs on American products.
Trump told reporters China wants to make a deal but doesn't know how because "they're proud people," including President Xi. He mentioned that many countries are showing interest in negotiating better trade terms with America. These nations can approach the White House, Treasury Department, or Commerce Department for negotiations. The 90-day pause applies to countries that didn't fight back against his tariffs, but he warned those who retaliate will face double tariffs. Trump expressed confidence about the outcome, saying, "I think it's going to work out amazing."
Trump told reporters China wants to make a deal but doesn't know how because "they're proud people," including President Xi. He mentioned that many countries are showing interest in negotiating better trade terms with America. These nations can approach the White House, Treasury Department, or Commerce Department for negotiations. The 90-day pause applies to countries that didn't fight back against his tariffs, but he warned those who retaliate will face double tariffs. Trump expressed confidence about the outcome, saying, "I think it's going to work out amazing."
