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Trump optimistic on reaching deal with China, White House says

  • Karoline Leavitt announced on Friday that President Trump is open to a trade deal with China.
  • Escalating trade tensions, spurred by Trump's tariff policies, have battered markets between the two economic giants.
  • Trump's administration increased tariffs, some reaching 145%, while China retaliated by raising tariffs on U.S. Imports to 125%.
  • Trump cited China's "lack of respect" and added a 20% "fentanyl tariff"; Leavitt said, "the president is open to a deal with China."
  • Despite Trump's optimism and openness to a deal, neither leader has initiated trade talks as the trade war continues.
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Welt broke the news in Dortmund, Germany on Wednesday, April 9, 2025.
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