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Coin Edition 2025-04-18 18:00:00

Trump Prioritizes Resolving China Trade Spat Before Finalizing TikTok Deal

Trump Prioritizes Resolving China Trade Spat Before Finalizing TikTok Deal

Consumer impact was mentioned as the reason There was a positive effect on global markets, particularly Asian ones TikTok deal to be paused until trade issue is settled ​In a notable shift, US President Donald Trump has signaled a potential easing of the escalating tariff confrontation with China. Speaking at the White House, Trump expressed concerns about the impact of high tariffs on consumer demand, stating: “I don’t want them to go higher because at a certain point, you make it where people don’t buy.” He even hinted tariffs could be reduced, noting high costs could eventually stop consumers from buying. This comes after a series of back-and-forth tariff increases between the US and China. The escalating trade tensions have been a big concern for the financial markets all around the world. Are Formal US-China Trade Talks Resuming? Now, despite the lack of formal negotiations, both sides have shown signs of seeking a resolution. China’s Foreign Minister Wang Yi emphasized opposition to “unilateral bullying” and protectionism, calling for mutual respect in trade relations. For his part, Trump sounded optimistic about reaching a trade de… The post Trump Prioritizes Resolving China Trade Spat Before Finalizing TikTok Deal appeared first on Coin Edition .

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