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Trump: China deal complex but will bring significant funds
ByAinvest
Friday, Jun 6, 2025 6:03 pm ET1min read
Trump: China deal complex but will bring significant funds
United States President Donald Trump has expressed his belief that a deal with China, despite the complexities, will yield substantial financial benefits. Trump recently stated that his Chinese counterpart, Xi Jinping, is "extremely hard to make a deal with" [1]. This sentiment was echoed after a series of tense negotiations, including a phone call between the two leaders on June 6, 2025 [4].The current trade dispute between the United States and China has been characterized by accusations of non-compliance and violations of previously agreed-upon tariff reductions. Trump has accused China of violating an agreement reached in Geneva in May, which aimed to lower tariffs on goods from China and the United States [3]. The agreement, which was seen as a positive development for the global market, has since been challenged by both sides, with each accusing the other of non-compliance [2].
Trump's comments on the complexity of the deal with China come as the two nations prepare for another round of trade talks in London on June 9, 2025 [2]. The meeting is expected to involve high-ranking officials from both countries, including US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer [2]. The aim of these talks is to address the ongoing trade tensions and find a mutually beneficial solution.
Despite the challenges, Trump remains optimistic about the potential financial benefits of a successful deal with China. The agreement, if implemented, could bring significant funds to the United States by reducing trade barriers and encouraging more investment and trade between the two economic giants. However, the road to a successful deal is fraught with complexities, and both sides will need to demonstrate a willingness to compromise and adhere to the terms of any agreement reached.
References:
[1] https://www.aljazeera.com/news/2025/6/4/trump-says-chinas-xi-hard-to-make-a-deal-with-amid-trade
[2] https://www.turkiyetoday.com/world/fresh-us-china-trade-talks-set-for-london-on-june-9-says-trump-3202495
[3] https://www.aljazeera.com/news/2025/5/31/trump-says-china-violated-geneva-deal-with-us-on-tariffs-minerals
[4] https://www.aljazeera.com/news/2025/6/5/trump-speaks-with-chinas-xi-amid-trade-student-visa-tensions
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