U.S. President Donald Trump made significant remarks regarding trade talks with China during a press conference with Ukrainian President Volodymyr Zelensky at the White House.
Trump stated about U.S.-China trade relations, "I think we're doing very well. We are getting along well with China." These remarks are seen as a hopeful signal for the resolution of issues in U.S.-China trade.
President Trump noted that he will meet with Chinese President Xi Jinping in South Korea in a few weeks. Trump emphasized the positive direction of the negotiation process by saying, "It looks like things are moving forward. They want to meet, and we want to meet."
Trump expressed that the U.S. has been exploited by China for years, indicating that the U.S. has lost hundreds of billions of dollars each year. However, he mentioned that the tariffs currently in place have contributed to the country being in a strong position.
When asked whether he hopes to reach a trade agreement during his meeting with Xi, Trump replied, "It could be." He added, "I believe we can make an agreement that will be good for both sides." opening the door to an agreement that would serve the interests of both countries.
U.S. Treasury Secretary Scott Bessent also mentioned that he will meet with his Chinese counterpart this evening and that discussions are planned for next week in Malaysia. Bessent stated, "I think the situation is calming down. We hope China will show the respect we have shown, and I am confident that thanks to President Trump's relationship with President Xi, we can get things back on track."
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