Trump expresses optimism on a new trade deal with China amid escalating tensions. He also assures of a new trade agreement with the European Union.
Amid geopolitical tensions and trade wars, Trump expressed optimism on a new trade deal with China during a meeting with the Italian Prime Minister. He stated, ‘We will make a deal. I believe we will have a very good deal with China.’ These remarks come as U.S. import tariffs on Chinese goods could increase by up to 245%. China has criticized Trump’s actions shamelessly. Trump also assured that the U.S. will reach a new trade agreement with the European Union.