Trump sets condition for trade deal with China. Trade tensions may impact global markets. Learn more about the US-China trade dispute.
US President, Donald Trump, has stated that he will only sign a trade deal with China if the trade deficit between the two countries is resolved. He emphasized that this trade deficit cannot continue and must be corrected. These remarks come as Asian markets have suffered a significant decline due to new tariffs imposed by the US. Trump has described these tariffs as a ‘medicine’ to address trade imbalances and has stated that many countries have expressed willingness to negotiate about these tariffs. However, analysts have warned that these trade tensions could lead to further fluctuations in global markets.
