Amid soaring US tariffs on Chinese goods, Trump eyes breakthrough deals with China and Europe before 90-day pause ends
Washington DC [US], April 18:
US President Donald Trump on Thursday projected optimism over resolving the intensifying trade conflict with China, asserting that a “very good deal” is on the horizon—despite the imposition of steep new US tariffs on Chinese imports, now reaching up to 245%.
“We’re going to make a deal. I think we’re going to make a very good deal with China,” Trump said, according to The Hill. He also voiced confidence in reaching a broader trade agreement with the European Union before the 90-day reciprocal tariff pause concludes.
The remarks were made during a joint appearance with visiting Italian Prime Minister Giorgia Meloni at the White House.
According to a White House fact sheet, Beijing’s latest retaliatory measures led to the United States raising its tariff rates on certain Chinese imports to as high as 245%. Previously, the maximum rate had been 145%.
In response, Chinese Foreign Ministry spokesperson Lin Jian said the US should clarify the “specific tax rate figures” and reiterated China’s longstanding position that the trade war was initiated by Washington. He emphasized that Beijing’s countermeasures were “reasonable and legal” and aimed at defending its rights and global trade fairness.
“China does not want to fight a trade war, but we are not afraid of one,” Lin added, underlining China’s openness to dialogue and cooperation for removing barriers.
While tensions persist, Trump’s remarks suggest behind-the-scenes diplomacy is still ongoing, with potential for resolution with both China and Europe before the tariff freeze ends.