Trump Releases Easing Signals: "Good Private Communication Between US and China"

In the midst of a deadlock in the US-China trade war, U.S. President Donald Trump made the latest remarks on the trade war with China on Friday, April 18, stating that "good private communication is currently taking place between the United States and China."

Reuters reported that Trump told reporters at the White House on Friday, "By the way, we are having good conversations with China right now."

Trump also added, "To be honest, it's really very good." However, he did not provide any specific details about the private trade negotiations between the US and China.

In the midst of the ongoing trade friction between the two largest economies in the world - the US and China - which shows no signs of easing, Trump's statement releases a certain "signal of easing," but whether both sides are close to substantive progress remains unclear.

Previously, Trump had hinted that the "tit-for-tat" tariffs on China might be nearing an end, and the TikTok deal was temporarily put on hold.

On Thursday, April 17, Trump stated that the "tit-for-tat" tariff situation between the US and China may be coming to an end, and he noted that an agreement regarding the fate of the social media platform TikTok might need to be postponed.

When talking about tariffs on Thursday at the White House, Trump told reporters, "I don't want (tariffs) to keep going up because at some point, people won't buy things anymore." "So, I probably won't let them (tariffs) rise further, and I might even be unwilling to raise them to that level. I might hope to lower them a bit because you always want people to consume - but if it exceeds a certain limit, people won't buy them."

Trump's remarks suggest that the pressure to increase tariffs may ease after a long period of market-volatile US-China trade friction. However, the national security review and potential transaction related to TikTok remain stalled, making breakthroughs unlikely in the short term.

Source: rfi

Original article: https://www.toutiao.com/article/1829785282446410/

Disclaimer: This article represents the author's personal views only.