Washington:
us President Donald Trump His Chinese counterpart, Xi Jinping, was called by the “Smart Man” between a trade war between the two countries that have triggered an economic storm worldwide. The world’s two largest economies are at one crossroads Trump put tariffs on China And Beijing announced retaliation measures.
“I think President Xi is a person who really know what to be done. He is a very smart man. He loves his country. He knows that for a fact. I know him very well.”
“And I think he wants to make a deal. I think this is going to happen. We will get a phone call at some point, and everything will be ready,” he said.
The US President said, “This is a big thing for us, the world and humanity.”
Since coming to power in January, Trump has introduced a group of tariffs on various countries to address the alleged trade imbalance with the US.
US-China Trade War proceeds as Trump Hike Tariff
What can happen in what is going on American China Trade WarDonald Trump said on Wednesday that he was raising tariffs up to 125 percent on Chinese imports citing “lack of honor” from Beijing.
“Based on the lack of honors shown in the world markets, I am increasing the tariffs charged by the United States by the United States to 125%, immediately effective. At some point, hoping, in the near future, China will realize that the days of closing the US and other countries are no longer sustainable or acceptable,” they posted on the truth social.
He said, “China wants to make a deal. They don’t know how to go about it … President Xi Jinping is a proud man. They don’t know how to go about it, but they will find out,” he said.
A previous round of Tariff us Earlier implemented on Wednesday, increased duties on sugar imports by 104 percent.
China, which vowed to fight with measures “up to the end”, responded to 104 percent of the duties, stating that it will increase its tariffs on US imports from 34 percent to 84 percent effective from Thursday.
It also said that it had filed a complaint with the World Trade Organization (WTO) by the Trump administration citing the “bullying” strategy.
China, which has unveiled mutual tariffs every time every time, has to respond to the latest tariff growth so far when the US President has carried forward the East.
Trump’s 90 -day stay on tariff for other countries
Stopping China, Donald Trump On Wednesday, the 90-day stagnation on its widespread tariff on dozens of countries was announced.
“I felt that people were jumping out of the line a little, they were getting yellow, you know,” he told reporters after the announcement.
“Yippy” is a word in sports to describe the loss of veins.
Trump said that he was watching the “very difficult” state of important American bond market Before their decision.
“I saw last night that people were getting down a bit,” he said.
,With agency input,