{"id":237,"date":"2025-04-22T17:51:45","date_gmt":"2025-04-22T17:51:45","guid":{"rendered":"http:\/\/logicalware.net\/?p=237"},"modified":"2025-04-22T19:14:05","modified_gmt":"2025-04-22T19:14:05","slug":"white-house-trump-setting-the-stage-for-a-deal-with-china","status":"publish","type":"post","link":"http:\/\/logicalware.net\/index.php\/2025\/04\/22\/white-house-trump-setting-the-stage-for-a-deal-with-china\/","title":{"rendered":"White House: Trump 'setting the stage for a deal with China'"},"content":{"rendered":"
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The White House said Tuesday that it was \u201csetting the stage for a deal with China\u201d on trade as administration officials seek to reassure nervous financial markets<\/a> and investors that progress with Beijing could be imminent.<\/p>\n

White House press secretary Karoline Leavitt told reporters that she spoke with President Trump about conversations with China<\/a> on trade, relaying that the administration is \u201cdoing very well in respect to a potential trade deal with China.\u201d<\/p>\n

\u201cThe president and the administration are setting the stage for a deal with China,\u201d Leavitt said at the press briefing. \u201cSo, we feel everyone involved wants to see a trade deal happen, and the ball is moving in the right direction.\u201d<\/p>\n

Leavitt added that she did not have anything to report on whether Trump has spoken directly with Chinese President Xi Jinping. She also would not elaborate on comments from Treasury Secretary Scott Bessent, who told a private meeting of investors in Washington on Tuesday that he expects a \u201cde-escalation\u201d in the trade war between the U.S. and China.<\/p>\n

\u201cNo one thinks the current status quo is sustainable,\u201d Bessent said at the event hosted by JPMorgan Chase, according to multiple reports<\/a>.<\/p>\n

The Trump administration has imposed a 125 percent<\/a> \u201creciprocal\u201d tariff on imports from China, in addition to a 20 percent tariff on Chinese goods to curb the flow of fentanyl to the U.S.<\/p>\n

China has levied retaliatory tariffs<\/a> on American goods, prompting concerns about an escalating trade war<\/a> between the world\u2019s two largest economies.<\/p>\n

Trump\u2019s tariffs on China have remained in place even as he has lowered other \u201creciprocal\u201d tariffs on dozens of nations to 10 percent for a 90-day negotiating window<\/a>. The president himself has taken something of a softer tone on China in recent days, expressing optimism<\/a> that he will be able to secure a deal with Beijing and touting his personal relationship with the Chinese president.<\/p>\n

Leavitt told reporters on Tuesday that the administration has received 18 proposals from other countries as part of ongoing trade negotiations. Bessent previously said<\/a> the White House was focused on brokering deals with 15 major economies, including Japan, South Korea and the European Union.<\/p>\n","protected":false},"excerpt":{"rendered":"

The White House said Tuesday that it was \u201csetting the stage for a deal with China\u201d on trade as administration officials seek to reassure nervous financial markets and investors that<\/p>\n

Continue reading <\/use> <\/svg>White House: Trump 'setting the stage for a deal with China'<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[],"_links":{"self":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/237"}],"collection":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/comments?post=237"}],"version-history":[{"count":1,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/237\/revisions"}],"predecessor-version":[{"id":238,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/237\/revisions\/238"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/media\/239"}],"wp:attachment":[{"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/media?parent=237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/categories?post=237"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/logicalware.net\/index.php\/wp-json\/wp\/v2\/tags?post=237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}