Trump: "Tariff Deal with China Could Be Reached in 3-4 Weeks"

Korea Economic Daily

Summary

President Trump stated that the tariff negotiations with China could be concluded within 3-4 weeks.
Trump expressed confidence in reaching an agreement with China, without mentioning a call with President Xi.
He emphasized that the U.S. holds the initiative in reciprocal tariff negotiations with other countries.

No Disclosure on Call with Xi Jinping

U.S. President Donald Trump stated regarding the tariff negotiations with China, "I think we could finalize a comprehensive agreement within 3-4 weeks." While expressing optimism about the negotiations with China, which is engaged in a tariff war with the U.S., he did not disclose whether he had spoken with Chinese President Xi Jinping.

On the 17th (local time), Trump told reporters at a signing ceremony for an executive order at the White House, "We have been talking frequently and directly since imposing a 145% (additional) tariff on China," he said. However, when asked if he had spoken with President Xi, he avoided a direct answer, saying, "That's not an important issue. Now is not the right time to disclose that."

He added, "I have a very good relationship with President Xi and I think this relationship will continue." He continued, "It's true that they have reached out several times," and "We believe we will make a deal with China. Even if they don't want a deal, we will make one."

Regarding reciprocal tariff negotiations with other countries, including South Korea, he said, "Many countries want to negotiate with us, and frankly, they want to negotiate more than we do," adding, "We will listen to them and treat them fairly." However, he emphasized, "It is us who decide the deal."

Reporter Kim Dong-hyun 3code@hankyung.com