Donald Trump has indicated he is not in a hurry to speak with Chinese President Xi Jinping as the trade conflict between the two nations grows. Despite expectations for talks following recent tit-for-tat tariff announcements, Trump announced new tariffs on Chinese goods and suspended duties against Canada and Mexico. The tariffs on China include 10% levies on various imports, and Beijing responded with fresh tariffs on U.S. goods. Market volatility is anticipated as investors react to these developments, while Trump's administration aims to address issues like fentanyl imports from China.
"Trump is not in a rush to speak to Xi Jinping about the escalating trade conflict, as both sides impose tit-for-tat tariffs amid growing tensions."
"The ongoing trade conflict is marked by Trump's fresh tariffs, significantly affecting imports from China, while his administration manages tensions with Mexico and Canada."
Collection
[
|
...
]