Trump Says He Is Reluctant to Keep Raising Tariffs on China - Bloomberg


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Key Points:

President Trump voiced hesitation about increasing tariffs on Chinese goods, fearing it might hinder trade relations between the US and China.

He stated that individuals he believes represent Chinese President Xi Jinping have made efforts to initiate negotiations. However, Trump refrained from explicitly confirming direct communication with Xi Jinping.

Main Argument:

The article centers on Trump's concerns regarding the economic repercussions of escalating tariffs and his acknowledgement of China's attempts to re-engage in trade talks.

Crucial Details:

  • Trump's reluctance stems from a desire to avoid further disruption to trade.
  • China has reportedly made several attempts to begin discussions.
  • The article notes the uncertainty surrounding direct communication between Trump and Xi Jinping.
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President Donald Trump said he was reluctant to continue ratcheting up tariffs on China because it could stall trade between the two countries, and insisted Beijing had repeatedly reached out in a bid to broker a deal.

Trump, speaking to reporters in the Oval Office on Thursday, said officials he believed represented the Chinese leader Xi Jinping had sought to start talks. But he repeatedly sidestepped direct questions about whether he and Xi had been in direct contact.

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