Jens Asbjørn Bøgen
The American President says he hopes to “do a deal on everything” with China.
On Wednesday, Trump told reporters that the United States has “more nuclear weapons” than China but said he hopes to reach agreements with Beijing “on everything.”
“We’ll make a deal on, I think, everything,” he said. “I think we’re going to make a deal on soybeans and the farmers. I think we’re going to make a deal on maybe even nuclear,” he said, according to Express.
Trade war going silent?
After Liberation Day in early April 2025, when Trump announced sweeping tariffs on nearly every country in the world, tensions between China and the U.S. escalated quickly.
According to the Peterson Institute for International Economics, which has been tracking the tariffs between the U.S. and China, both countries had tariffs of around 20% on imports from each other when Trump took office in January.
Following Liberation Day, the U.S. increased tariffs on China, which retaliated. For about a month during the spring, China imposed a 147.6% tariff on U.S. goods.
The U.S., in turn, imposed tariffs of around 125% on Chinese goods during the same period.
The trade war has since de-escalated, and U.S. tariffs on Chinese goods currently stand at 57.6%, while China’s tariffs on U.S. goods are at 32.6%.
All eyes turning to South Korea
Donald Trump and Chinese President Xi Jinping are set to meet next week in South Korea.
The meeting is expected to take place during Trump’s multi-nation visit, aimed at strengthening regional ties and addressing security concerns.
White House Press Secretary Karoline Leavitt announced that the president will first travel to Malaysia on Friday night before heading to South Korea for talks with Xi.
“We have the most nuclear weapons”
Trump added that Russian President Vladimir Putin had recently raised the issue of nuclear de-escalation during a phone call, and Trump said he was open to that discussion.
“We have the most nuclear weapons. Russia is second. China is actually third by a long way, but we’ll be even within four or five years,” Trump said.
The White House has not released details on the specific agenda for the Trump–Xi meeting.
This article is made and published by Jens Asbjørn Bogen, which may have used AI in the preparation
