😱On April 22, 2025, U.S. President Donald Trump announced a shift in his administration’s approach to China, signaling a move away from aggressive trade negotiations. Speaking at the White House, Trump indicated a potential easing of tensions in the ongoing trade war between the two nations.
The announcement followed comments by Treasury Secretary Scott Bessent, who called the current tariff conflict "unsustainable" and expressed hope for a resolution. While formal talks have not yet commenced, Bessent highlighted promising prospects for reaching an agreement.
The market responded swiftly, with major stock indices rising significantly as investors welcomed the possibility of tariff relief that could benefit the global economy.
Despite the softer rhetoric, Trump made it clear that if China refuses to agree, the U.S. will impose its own terms for trade. He also noted that, under a potential deal, tariffs on Chinese goods could be significantly lowered, though not entirely removed.
The White House appears to be laying the groundwork for a major shift in trade policy, which could provide much-needed relief to industries hit by the trade war.
