• 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

Top moments from the Trump-Biden debate that changed...

June 27, 2025

Trump exerted ‘maximum pressure’ on Iran and Israel...

June 27, 2025

Iranian foreign minister reiterates ‘serious damage’ to nuclear...

June 27, 2025

Flashback: The debate night against Trump that threw...

June 27, 2025

Republicans raise alarm over US vulnerability to mass...

June 27, 2025

Trump wins over lifelong Democrat autoworker with ‘big,...

June 27, 2025

FBI investigating Iran strike leaker, Leavitt says: ‘They...

June 26, 2025

EXCLUSIVE: Trump admin takes action after massive fraud...

June 26, 2025

‘Presidential incapacity’: Senate Republican seeks paper trail of...

June 26, 2025

White House drops ‘Daddy’s Home’ meme after viral...

June 26, 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

  • Fox News Poll: Obama, RFK Jr., and Taylor Swift more popular than Harris, Trump

    October 17, 2024
  • Amazon and Nvidia say AI data center demand is not slowing down

    April 24, 2025
  • RNC delegates, guests make predictions about Biden’s political future amid reports he might exit 2024 race

    July 19, 2024
  • White House confronted on friendly reception of ‘existential threat’ Trump: ‘We are now in a different place’

    November 21, 2024
  • Former VP contenders Rubio, Burgum in running for Trump admin secretary of state: report

    July 30, 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

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

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,129)
  • Investing (634)
  • Stock (820)

Latest Posts

  • VP Vance blasts McConnell’s vote against Trump Pentagon nominee: ‘Political pettiness’

    April 9, 2025
  • Shares in gun manufacturers soar after Trump assassination attempt

    July 17, 2024
  • Nvidia’s $279 billion wipeout — the biggest in U.S. history — drags down global chip stocks

    September 4, 2024

Recent Posts

  • SafeMoon and Litecoin: Litecoin retreats below $70.00 again

    August 1, 2024
  • 23andMe bankruptcy prompts Cornyn-Grassley-Klobuchar bipartisan bill to protect sensitive genetic data

    May 22, 2025
  • House passes bill that would sanction International Criminal Court for trying to arrest Netanyahu

    January 9, 2025

Editor’s Pick

  • S&P 500 climbed 0.3%, and Nasdaq-100 futures jumped 0.7%

    December 4, 2024
  • Trump confirms Mike Waltz as National Security Adviser pick

    November 12, 2024
  • ‘Malign influence’: Top Biden official faces backlash ahead of address at forum with deep ties to CCP

    November 15, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

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