Trump, China trade conflicting statements on trade talks, raising confusion
Global News
Trump asserted in an interview and in exchanges with reporters Friday that tariff negotiations were underway with China, but Beijing denied any talks were taking place.
U.S. President Donald Trump asserted in an interview published on Friday that tariff negotiations were underway with China, but Beijing denied any talks were taking place, the latest in a series of conflicting signals over what progress was being made to de-escalate a trade war threatening to sap global growth.
Trump told TIME magazine that talks were taking place and that Chinese President Xi Jinping had called him, an assertion he repeated to reporters as he was leaving the White House on Friday morning for Rome to attend the funeral of Pope Francis.
“China and the U.S. are NOT having any consultation or negotiation on #tariffs,” China shot back in a foreign ministry statement posted by the Chinese Embassy in the U.S. “The U.S. should stop creating confusion.”
Trump, speaking to reporters aboard Air Force One later on Friday, said it would be a win if China would open up its markets for U.S. products and that tariffs could make that happen.
“Free up China. You know, let us go in and work China,” he said. “That would be great. That would be a big win, but I’m not even sure I’m going to ask for it because they don’t want it open.”
The back-and-forth added to the substantial uncertainty surrounding the state of play over Trump’s erratic tariff policy, not just around China, but also as it pertains to the dozens of countries scrambling to strike their own deals to ease the burden of the hefty import taxes he has unleashed since returning to the White House in January.
His team of negotiators was conducting what amounted to a lightning round of trade talks with foreign officials who had swarmed Washington this week for the spring meetings of the International Monetary Fund and World Bank Group.
But while Trump officials including Treasury Secretary Scott Bessent touted indications of swift progress, many of their counterparts were more circumspect, and finance chiefs at the IMF were heading home with renewed urgency to diminish the risks presented by the tariffs.
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