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Tag: Trump 2024 trade policy
Trump Demands Strongest Trade Deal Yet as U.S.-China Tariff War Reaches Boiling Point
On May 5, 2025, former President Donald Trump, now the presumptive Republican nominee for the 2024 presidential election, declared in an interview that he seeks a "fair" trade deal with China. The statement followed his recent proposal of sweeping tariffs, including a 10% levy on imports from most countries and an unprecedented 145% tariff specifically targeting Chinese goods. Though Trump emphasized that direct negotiations with Chinese President Xi Jinping were not imminent, he claimed that diplomatic backchannels between U.S. and Chinese officials remained active.