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.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
