Trump Calls High China Tariffs ‘Not Sustainable’ Ahead of Key Xi Meeting

Former President Donald Trump has stated that the high tariffs on Chinese goods are “not sustainable.” He made these remarks in a recent television interview. This comes just weeks before his expected meeting with Chinese President Xi Jinping.

Trump claimed that China “forced” him to impose the aggressive trade policies. The comments signal a potential shift in his tough trade stance as a new deadline approaches.

Trade Truce and Impending Deadline

The tariff dispute has pushed US import taxes on some Chinese goods to as high as 145%. This trade war has previously fueled concerns about a global economic slowdown. According to Reuters, these duties are currently on hold under a 90-day truce.

This latest pause is set to expire on November 10. Trump recently threatened an additional 100% tariff if no deal is reached. The planned meeting with Xi is expected to occur at an international summit in South Korea.

Navigating a Complex Relationship

Despite the tough trade talk, Trump expressed a positive personal relationship with the Chinese leader. He stated he gets along “great” with Xi. He also expressed optimism that the two nations would ultimately be “fine.”

However, he emphasized that any deal must be fair for the United States. The situation remains fluid with the early November deadline looming. The outcome of the upcoming meeting could have significant consequences for global markets.

The future of US-China trade relations now hinges on the upcoming discussions between Trump and Xi. A resolution to the Trump China tariffs dispute is critical for stabilizing the international economic landscape.

Thought you’d like to know

What did Trump say about the tariffs on China?

He called the high tariffs “not sustainable.” Trump claimed that China forced his hand into implementing them.

When is Trump meeting with Xi Jinping?

The meeting is scheduled in about two weeks. It is expected to occur on the sidelines of an Asia-Pacific summit in South Korea.

What is the current tariff truce deadline?

The 90-day pause on tariff escalations is set to expire on November 10. This creates urgency for the upcoming talks.

How high are the current US tariffs on China?

Some US import taxes on Chinese goods have reached as high as 145%. This is a result of the ongoing trade dispute.

What new tariff has Trump threatened?

He has discussed imposing an additional 100% tariff on Chinese goods. This threat is linked to the November 1 deadline.