Trump Takes U-Turn on China Tariffs, Signals Willingness for Trade Deal

Washington — Former U.S. President Donald Trump has softened his stance on trade relations with China, stating that a deal with Beijing is likely despite previously escalating tensions over tariffs. In a recent statement, Trump said, “We’re going to make a very good deal with China. They’ll have to make a deal, and if they don’t, we’ll make one ourselves.”

He added that while the 145 percent tariffs imposed on Chinese goods might be reduced, they won’t be eliminated entirely. “The tariffs won’t remain at 145 percent, but they won’t go down to zero either,” Trump clarified.

The comments come amid a recent surge in the U.S. stock market and growing discussions around the need for regulatory stability in the cryptocurrency sector. “We’re going through a phase of transformation. Crypto needs regulatory stability,” Trump noted.

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Previously, the aggressive tariff hikes on Chinese imports had led to heightened tensions and a full-blown trade war between the two economic giants. Trump’s latest remarks signal a potential thaw and a willingness to reset economic ties.