Finance
Trump: We will have a trade deal with China
Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 17, 2025
1 min readLast updated: January 24, 2026
President Trump anticipates a trade deal with China, though specifics are unclear. Both nations remain at an impasse, with tariffs on Chinese goods still active.
(Reuters) - President Donald Trump on Thursday said he expects to make a trade deal with China, though he offered no specifics or indications of how talks would get underway with the two superpowers at an apparent impasse.
“Oh we’re going to make a deal," Trump said from the White House in response to a reporter's question about picking up the phone to call China's President Xi Jinping. "I think we are going to make a very good deal with China."
Earlier on Thursday, China's commerce ministry urged the United States to stop putting "extreme pressure" on the world's second-largest economy and demanded respect in any trade talks, but the two sides remained at an impasse over who should start those talks.
While Trump has temporarily relaxed his recently announced hefty tariffs on goods from dozens of trading partners, he left in place his new import levies on Chinese goods that summed together total 145%.
(Reporting by White House team; Editing by Chris Reese)
The main topic is President Trump's expectation of reaching a trade deal with China despite current tensions and negotiation impasse.
The US and China are at an impasse in trade talks, with the US maintaining tariffs on Chinese goods and China urging the US to stop extreme pressure.
Trump expressed optimism about making a trade deal with China but did not provide specifics on how talks would proceed.
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