• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump says China’s Xi called him amid ongoing confusion over trade talks

by April 25, 2025
written by April 25, 2025

Did they or didn’t they?

President Donald Trump told reporters at the White House on Friday that he has spoken to Chinese President Xi Jinping ‘many times’ but did not say if any of those communications took place since he imposed stiff tariffs on the communist nation. 

Asked for details about those communications, Trump responded by saying ‘I’ll let you know at the appropriate time.’

Trump’s latest comments, which took place before he boarded Marine One to travel to Rome for Pope Francis’ funeral, come after days of back and forth between the countries over whether they are in direct talks about reducing the tariffs – and whether Trump and Xi have spoken directly to one another since the tariffs were rolled out. 

Trump’s tariffs on China, which have rattled global stock markets and upended supply chains, have ballooned to 145% while China has responded by slapping a 125% tariff on its U.S. imports. 

In a newly published TIME article published Friday morning, Trump is quoted as saying that Xi personally called him to discuss trade matters. 

‘. And I don’t think that’s a sign of weakness on his behalf,’ Trump is quoted as saying, without providing specifics about the timing or content of the call.

When asked what Xi said, Trump sidestepped his response by saying ‘We all want to make deals. But I am this giant store. It’s a giant, beautiful store, and everybody wants to go shopping there. And on behalf of the American people, I own the store, and I set prices, and I’ll say, if you want to shop here, this is what you have to pay.’

‘You have to understand, I’m dealing with all the companies, very friendly countries,’ he said, when asked about trade adviser Peter Navarro, saying 90 deals in 90 days is possible. ‘We’re meeting with China. We’re doing fine with everybody. But ultimately, I’ve made all the deals.’

The TIME interview took place on Tuesday, with Trump saying publicly on the same day that things were going ‘fine with China’ and that the final tariff rate on Chinese exports would come down ‘substantially’ from the current 145%.

Trump also told reporters earlier in the week that ‘everything’s active’ when asked if he was engaging with China, although his treasury secretary had said there were no formal negotiations.

Those comments led to Beijing on Thursday denying any suggestion that it was in active negotiations with the administration.

Guo Jiakun, a spokesperson for China’s Foreign Ministry, said during a daily briefing on Thursday that, ‘For all I know, China and the U.S. are not having any consultation or negotiation on tariffs, still less reaching a deal.’

‘China’s position is consistent, and we are open to consultations and dialogues, but any form of consultations and negotiations must be conducted on the basis of mutual respect and in an equal manner,’ Commerce Ministry spokesperson He Yadong said.

Asked Thursday about China denying there were any conversations ongoing with the United States, Trump said, ‘We may reveal it later, but they had meetings this morning, and we’ve been meeting with China,’ before adding, ‘it doesn’t matter who they is.’

Trump said Tuesday that the hefty tax rate of 145% Americans must currently pay for Chinese imports will likely be reduced significantly.  

While Trump said the rate ‘won’t be zero,’ he expressed optimism over a potential trade deal with China. 

‘One hundred forty-five percent is very high, and it won’t be that high,’ Trump said to reporters in the Oval Office. ‘It will come down substantially, but it won’t be zero.’ 

Fox News’ Greg Norman, Bonny Chu and Stephen Sorace contributed to this report.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Judge blocks Trump election order despite overwhelming American support for voter ID
next post
Trump says he wasn’t ‘trolling’ about acquiring Greenland, Canada as 51st state

related articles

Biden struggles with words, key memories in leaked...

May 17, 2025

UN said to be stalling reforms in hopes...

May 16, 2025

Former FBI Director James Comey meets with Secret...

May 16, 2025

Trump-appointed federal judge rules against Biden-era sex-based employment...

May 16, 2025

New House GOP resolution eviscerates Comey over ’86...

May 16, 2025

FLASHBACK: Comey had another anti-Trump seashell photo moment...

May 16, 2025

Trump appointee Barrett challenges administration on nationwide injunctions,...

May 16, 2025

Senators sound off as Supreme Court hears case...

May 16, 2025

Handful of Republicans sink Trump’s ‘big, beautiful bill’...

May 16, 2025

Israel turns tables on UN official claiming ‘genocide’...

May 16, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Chris Wright, Trump’s pick to lead Energy Department, faces confirmation vote Monday in Senate

    February 3, 2025
  • DOGE says it’s referred dozens of potential voter fraud cases to DOJ

    May 1, 2025
  • Disney wins the 2024 box office as year-end receipts offer a welcome boost

    January 16, 2025
  • Trump inner circle shares McDonald’s meal as Donald Jr. jokes ‘Make America Healthy Again starts tomorrow’

    November 17, 2024
  • New Trump-aligned committee chair pledges ‘colonoscopy’ of State Department spending

    December 11, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,542)
  • Investing (614)
  • Stock (753)

Latest Posts

  • Harris asked how she’s ‘feeling’ 48 hours from election, tells reporters Trump ‘lost’ in 2020

    November 3, 2024
  • White House removes Cuba’s state sponsor of terrorism designation, reversing Trump administration move

    January 14, 2025
  • Hirose UK Profits Soar Despite Flat Revenue

    September 11, 2024

Recent Posts

  • Hurricane-hit battleground states face additional voting hurdles in run-up to Election Day

    October 15, 2024
  • Dow sinks over 400 points, S&P retreats from highs amid Walmart scare

    February 21, 2025
  • Egypt reportedly releases details on plan to rebuild Gaza; there’s no mention of ‘cooperation’ with the US

    February 13, 2025

Editor’s Pick

  • Trump doesn’t use autopen for legally binding documents, unlike Biden, White House says

    March 18, 2025
  • MIRANDA DEVINE: We always knew Biden would pardon Hunter. It’s fitting president would break another promise

    December 2, 2024
  • US stocks climb higher on Tuesday: Dow jumps 180 points, Nasdaq up 0.4%

    April 15, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock