Simple Smart Seminar
  • Stock
  • Investing
  • Politics
  • Tech News
  • Editor’s Pick
Politics

Trump says China’s Xi called him amid ongoing confusion over trade talks

by April 25, 2025
April 25, 2025 0 comment

Did they or didn’t they?

President Donald Trump told reporters at the White House on Friday that he has spoken to Chinese President Xi Jinping ‘many times’ but did not say if any of those communications took place since he imposed stiff tariffs on the communist nation. 

Asked for details about those communications, Trump responded by saying ‘I’ll let you know at the appropriate time.’

Trump’s latest comments, which took place before he boarded Marine One to travel to Rome for Pope Francis’ funeral, come after days of back and forth between the countries over whether they are in direct talks about reducing the tariffs – and whether Trump and Xi have spoken directly to one another since the tariffs were rolled out. 

Trump’s tariffs on China, which have rattled global stock markets and upended supply chains, have ballooned to 145% while China has responded by slapping a 125% tariff on its U.S. imports. 

In a newly published TIME article published Friday morning, Trump is quoted as saying that Xi personally called him to discuss trade matters. 

‘. And I don’t think that’s a sign of weakness on his behalf,’ Trump is quoted as saying, without providing specifics about the timing or content of the call.

When asked what Xi said, Trump sidestepped his response by saying ‘We all want to make deals. But I am this giant store. It’s a giant, beautiful store, and everybody wants to go shopping there. And on behalf of the American people, I own the store, and I set prices, and I’ll say, if you want to shop here, this is what you have to pay.’

‘You have to understand, I’m dealing with all the companies, very friendly countries,’ he said, when asked about trade adviser Peter Navarro, saying 90 deals in 90 days is possible. ‘We’re meeting with China. We’re doing fine with everybody. But ultimately, I’ve made all the deals.’

The TIME interview took place on Tuesday, with Trump saying publicly on the same day that things were going ‘fine with China’ and that the final tariff rate on Chinese exports would come down ‘substantially’ from the current 145%.

Trump also told reporters earlier in the week that ‘everything’s active’ when asked if he was engaging with China, although his treasury secretary had said there were no formal negotiations.

Those comments led to Beijing on Thursday denying any suggestion that it was in active negotiations with the administration.

Guo Jiakun, a spokesperson for China’s Foreign Ministry, said during a daily briefing on Thursday that, ‘For all I know, China and the U.S. are not having any consultation or negotiation on tariffs, still less reaching a deal.’

‘China’s position is consistent, and we are open to consultations and dialogues, but any form of consultations and negotiations must be conducted on the basis of mutual respect and in an equal manner,’ Commerce Ministry spokesperson He Yadong said.

Asked Thursday about China denying there were any conversations ongoing with the United States, Trump said, ‘We may reveal it later, but they had meetings this morning, and we’ve been meeting with China,’ before adding, ‘it doesn’t matter who they is.’

Trump said Tuesday that the hefty tax rate of 145% Americans must currently pay for Chinese imports will likely be reduced significantly.  

While Trump said the rate ‘won’t be zero,’ he expressed optimism over a potential trade deal with China. 

‘One hundred forty-five percent is very high, and it won’t be that high,’ Trump said to reporters in the Oval Office. ‘It will come down substantially, but it won’t be zero.’ 

Fox News’ Greg Norman, Bonny Chu and Stephen Sorace contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail
previous post
Friday Feature: Buffalo Christian Homeschool Academy
next post
Judge blocks Trump election order despite overwhelming American support for voter ID

You may also like

Israel hostage deal in doubt as Hamas adds...

May 31, 2025

Iran condemns Austria over report on advanced nuclear...

May 31, 2025

ROBERT MAGINNIS: 9 signs Beijing’s Taiwan invasion may...

May 31, 2025

Hamas agrees to release 10 more hostages

May 31, 2025

Michelle Obama facing backlash over claim about women’s...

May 31, 2025

Hunter Biden seen driving Toyota rental in South...

May 31, 2025

Trump tariff plan faces uncertain future as court...

May 31, 2025

Who will be Elon’s successor? The top names...

May 30, 2025

Musk confident DOGE will save $1 trillion as...

May 30, 2025

Elon Musk sports black eye at farewell presser...

May 30, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?

      May 29, 2025
    • Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

      May 29, 2025
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 simplesmartseminar.com | All Rights Reserved

    Simple Smart Seminar
    • Stock
    • Investing
    • Politics
    • Tech News
    • Editor’s Pick