WASHINGTON: U.S. President Donald Trump stated that a trade agreement with China is achievable.
He discussed this during a conversation with journalists aboard Air Force One.
Trump emphasized his strong relationship with Chinese President Xi Jinping.
In 2020, the U.S. had already agreed to a significant trade deal with China.
He believes both nations can negotiate favorable terms.
Strong Relations
Trump acknowledged competition between the U.S. and China.
However, he described Xi Jinping as an exceptional leader.
Trump reiterated his positive relations with the Chinese President.
He expressed confidence in resolving trade disputes.
Diplomatic ties remain crucial for economic stability.
Tariff Imposition
Trump recently imposed a 10% tariff on Chinese imports.
This decision marked a significant shift in trade policy.
The tariff aims to address trade imbalances.
It has sparked reactions from economic analysts.
China’s response remains a key concern.
Steel and Aluminum
Trump signed executive orders increasing tariffs on steel and aluminum.
The new tariffs will be 25% on these materials.
These measures take effect on March 12.
They are part of broader economic strategies.
Industries worldwide are expected to react.
Future Prospects
The trade situation between the U.S. and China remains dynamic.
Trump’s policies continue to influence global markets.
Observers await further negotiations between both nations.
Economic experts analyze potential long-term impacts.
The next steps in trade talks remain uncertain.
