President Donald Trump said he hopes to reach a commercial agreement with China, although he did not offer details or indications of how conversations would begin with the two superpowers in an apparent dead point.
“Oh, we are going to reach an agreement,” Trump said from the White House in response to a journalist’s question about calling the Chinese president, Xi Jinping. “I think we are going to reach a very good agreement with China.”
Earlier this Thursday, the China Ministry of Commerce urged the United States to stop exercising “extreme pressure” on the second largest economy in the world and demanded respect in any commercial conversation, but the two parties remained at a dead point on who should start those conversations.
Lee: reciprocal tariffs have raised 500 million pesos since April 5
Although Trump has temporarily relaxed its recently announced high tariffs on goods from dozens of commercial partners, it kept its new levies to imports of Chinese products that together total a total of 145%.
‘There will be many problems to achieve a pact with Europe’
Trump assured at the beginning of a lunch with the Italian Prime Minister, Giorgia Meloni, who does not believe there will be many problems to reach an agreement “with Europe and whoever” in terms of tariffs given the attraction of the US market.
“I do not think we have many problems to reach an agreement with Europe and whoever, because we have something that everyone wants,” he said in the White House, where he received the media for a few minutes before starting lunch with Meloni, considered the head of government in the European Union (EU) closer to the New York tycoon.
Asked about what would happen if there is no agreement with Brussels past 90 days he gave as a truce on April 9 in the application of EU import tariffs – which are being 10% instead of 20% during that period was blunt: “There will be a commercial agreement. Clearly.”
With information from Reuters and EFE
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