#TariffsPause
Trump Says Tariff Suspension Unlikely – "China Must Make Major Concessions."
President Donald Trump has signaled that the U.S. will likely not extend the temporary halt on trade tariffs against China, warning that the duties will stay unless Beijing agrees to significant economic reforms. Speaking to reporters aboard Air Force One, Trump made it clear that he’s not backing down, emphasizing that China must offer "major concessions" to avoid the return of tough trade penalties.
Markets Adjusting, But Uncertainty Remains
Trump noted that while financial markets were initially rattled by the trade war, they are now adjusting to his policies, and recent volatility is fading. However, he expressed doubt over whether China will follow through on demands to open its . businesses. "I want them to play fair, but I don’t know if they will," he said.
No Deal Without Big Changes
For now, Trump is taking a wait-and-see approach, stressing that any shift in tariffs depends on progress in trade talks. His stance suggests that unless China makes real compromises, the U.S. will move forward with tougher trade measures, keeping pressure on Beijing. The message is unmistakable: no major concessions, no deal.