Trump Officially Open to Negotiations with China
Donald Trump is willing to reach a trade agreement with China, but he expects Beijing to take the first step, according to White House press secretary Karoline Leavitt.
Speaking to reporters, Leavitt emphasized that the U.S. isn’t in a position of need, asserting that it’s up to China to initiate progress if they want access to American markets.
She noted that Trump himself conveyed this message during a recent Oval Office meeting.
Leavitt stressed that China heavily relies on the spending power of American consumers and suggested that this dependence gives the U.S. leverage in ongoing trade tensions.
Tensions between the two nations have escalated further after China raised tariffs on American goods to 125%, responding to a U.S. increase to 145% on Chinese imports.
While some other countries have chosen to negotiate with Washington in light of Trump’s aggressive tariff strategy, China has responded with countermeasures instead of pursuing new talks.
Although Trump has previously spoken positively about Chinese leader Xi Jinping, the standoff shows no sign of resolution. Leavitt reiterated that the U.S. president remains open to an agreement, but only if China chooses to engage.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
