Trump said it's "extremely hard" to strike a deal with China’s Xi
The post Trump said it's "extremely hard" to strike a deal with China’s Xi appeared on BitcoinEthereumNews.com. Donald Trump said on Wednesday it’s “extremely hard” to reach any kind of agreement with China’s President Xi Jinping, just as his administration kept telling the public both leaders could speak within days. The comment was made via Truth Social, where Trump wrote, “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” On Monday, a senior official at the White House had told CNBC the two leaders were “likely to speak this week,” but nothing about that ever materialized. And while Trump has said in recent weeks he wants that call, there’s been no indication that Xi is ready to pick up the phone. China accuses US of “negative measures” as White House rolls out visa restrictions Scott Bessent, the Treasury Secretary, said Friday that current negotiations are “a bit stalled” and probably need top-level intervention. His words came days after a trade agreement signed on May 12 in Switzerland collapsed in practice. That deal was meant to pause most tariffs for 90 days and also force China to reverse countermeasures it had applied since April, but both sides are now accusing each other of violations. Beijing didn’t lift restrictions on rare earths exports, which Washington was expecting under the deal. Instead, Chinese officials have kept tight control over those materials, which are essential for tech manufacturing. Meanwhile, the US has moved ahead with new efforts to stop China from getting access to advanced American technology. Last week, the White House announced it would begin revoking visas for Chinese students, something Beijing is calling a clear escalation. Tensions spilled into a meeting on Tuesday when Chinese Foreign Minister Wang Yi sat down with US Ambassador David Perdue for their first official face-to-face. Wang told Perdue…
The post Trump said it's "extremely hard" to strike a deal with China’s Xi appeared on BitcoinEthereumNews.com.
Donald Trump said on Wednesday it’s “extremely hard” to reach any kind of agreement with China’s President Xi Jinping, just as his administration kept telling the public both leaders could speak within days. The comment was made via Truth Social, where Trump wrote, “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!” On Monday, a senior official at the White House had told CNBC the two leaders were “likely to speak this week,” but nothing about that ever materialized. And while Trump has said in recent weeks he wants that call, there’s been no indication that Xi is ready to pick up the phone. China accuses US of “negative measures” as White House rolls out visa restrictions Scott Bessent, the Treasury Secretary, said Friday that current negotiations are “a bit stalled” and probably need top-level intervention. His words came days after a trade agreement signed on May 12 in Switzerland collapsed in practice. That deal was meant to pause most tariffs for 90 days and also force China to reverse countermeasures it had applied since April, but both sides are now accusing each other of violations. Beijing didn’t lift restrictions on rare earths exports, which Washington was expecting under the deal. Instead, Chinese officials have kept tight control over those materials, which are essential for tech manufacturing. Meanwhile, the US has moved ahead with new efforts to stop China from getting access to advanced American technology. Last week, the White House announced it would begin revoking visas for Chinese students, something Beijing is calling a clear escalation. Tensions spilled into a meeting on Tuesday when Chinese Foreign Minister Wang Yi sat down with US Ambassador David Perdue for their first official face-to-face. Wang told Perdue…
What's Your Reaction?
