Trump Allows for Easing Trade Policy Against China
The U.S. President spoke about risks for consumers and expressed hope for a deal in the coming weeks.
U.S. President Donald Trump has indicated a possible refusal to further raise tariffs on Chinese goods. According to him, excessive tightening of tariff policy could harm American consumers, requiring a cautious approach.
"I don't want them to rise because at a certain point, people stop buying," Trump said, commenting on the prospects for further steps in the trade standoff with Beijing.
When asked by a reporter about the timing of a trade agreement with China, the president replied that he expects progress within three to four weeks. His statement came amid growing pressure from businesses and consumer groups concerned about rising prices and potential consequences for the U.S. economy.
Trump’s position suggests a possible adjustment in tactics in the trade "war" with China. At the same time, the American administration continues to emphasize the need for a deal that would satisfy U.S. interests.
It is expected that Washington and Beijing will intensify negotiations in the coming weeks. Investors are closely watching developments, as the outcome could impact global markets and business sentiment.
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