President Donald Trump said on Wednesday that there are direct talks between the United States and China “every day” while the two countries are negotiating.
“Yes, of course, every day,” the president said when asked about direct contact between the United States and China.
Since the trade war of revenge has increased significantly during the past two months, Trump raised the customs tariff on Chinese imports to at least 145 %, Wall Street and economists. Several large banks predicted that huge definitions – as well as China’s great revenge on American products – will drown in American economies and the world in stagnation.
Treasury Secretary Scott Payette on Tuesday at a special investment conference organized by JP Morgan Chase said that the trade war with China is not sustainable and expects the battle to disintegrate in the very near future, a person familiar with the topic that emphasized CNN. He said that the rates are an effective ban in every country, which prevents trade.
Trump chanted this feeling at the signing ceremony of the executive procedures in the Oval Hall on Wednesday.
“It’s 145 %. This is very high,” Trump said. “But I did not fall. Basically, China does not do any work with us mainly, because it is a very large number.”
Although he said that the big tariffs would soon decrease, Besenta predicted that she would not be eliminated – a idea of Trump’s chain of transmission.
The procedures rose after Bessent’s comments on Tuesday and continued to rise on Wednesday.
Trump also described the trade with China “very unilaterally”, but he said he was “very good with President Xi.”
“I must wait for us to conclude a deal, otherwise we will put a price,” he added.