#TrumpVsChina On April 25, Trump told TIME's reporter:
š£ļø "I will finish all these deals in 3 to 4 weeks. If any country needs adjustments, I will consider it. But basically, it's done."
- But when asked about China, Trump said, "I am meeting with China, everything is fine."
- But then he mentioned he wouldn't call Mr. Xi if Mr. Xi didn't call first.
- Then turned around and said, "Mr. Xi has called already." But... didn't say when he called.
š„ The U.S. raised tariffs on 60 countries at the beginning of April,
then temporarily postponed for 3 months to negotiate.
Keeping the tariff rate at 10% while waiting for countries to come to Washington to sign the deal.
š Countries are rushing to the U.S.
As for China... still hasn't moved.
The Chinese Foreign Ministry spokesperson said:
"No negotiations are currently taking place"
"The U.S. should not deceive the public"
China also demands the U.S.:
- Stop disparaging other countries
- Clearly designate a person in charge of negotiations
- Respect issues such as Taiwan and sanctions
š§ Wu Xinbo, an advisor to the Chinese Foreign Ministry, said:
šÆļø "Trump thinks China is weak, so imposing tariffs will force China to surrender. But China is not collapsing, nor will it surrender."
š Wu warned that the U.S. is misjudging and not well-prepared for this confrontation.
"The trade war will last many months, even a few years."
š The U.S. has imposed a 145% tariff on most Chinese goods since Trump took office.
- China retaliated. Tensions are threatening global trade.
š§Æ Although China says it is ready to negotiate, it is still waiting for the U.S. to make concessions and lift unilateral tariffs.
Meanwhile, Beijing is not in a hurry, as "time is on China's side."