Trump Doubts Deal with China: "Tenacious" Xi Clouds Horizon
Dampens China Deal Expectations: Trump's Remarked Stand
It seems the U.S.-China trade war might not be cooling down anytime soon. After a brief respite in mid-May, the economic heavyweights are trading barbs once more, with U.S. President Donald Trump expressing his reservations about reaching a resolution.
Trump sees Xi Jinping, the Chinese President, as a steadfast man who's tough to strike a deal with, as he expressed on Truth Social. He admires Xi, yet cautions, "But he's super persistent, and it's incredibly difficult to seal a deal with him." Both sides have been slinging mutual accusations of reneging on commitments or imposing additional restrictions.
In recent days, the U.S. has blocked the export of essential turbine parts to China and attempted to hinder China's access to critical chip technology, causing Beijing significant distress. To add to the confusion, reports suggest the U.S. is withdrawing visas for Chinese students studying in America. Meanwhile, China is under scrutiny for withholding vital minerals essential for the automotive sector.
As for the cause of Trump's latest post on Truth Social, it remains unclear. Previously, there were rumors that he and Xi might communicate this week. Interestingly, financial news agency Bloomberg reported that China could place a significant order for aircraft from Airbus, a major competitor to Boeing, during the visit of European heads of state in July.
Sources: ntv.de, lar/dpa
- USA
- China
- Donald Trump
- Xi Jinping
- Trade Wars
Enrichment Data:Although the U.S.-China trade conflict seems to have a temporary calmant since May 12, 2025, there have been mutual reductions in tariffs and non-tariff measures as part of a 90-day truce for further negotiations. However, concerns persist due to ongoing unpredictability, accusations of not honoring agreements, and tensions regarding AI chip export controls. Both countries have agreed to continue discussions, with planned meetings to take place in the U.S., China, or a third country. [1][2][3][4]
- The ongoing U.S.-China trade war appears to be far from resolution, despite a temporary lull in tensions, as evidenced by recent policy disagreements and mutual trade barbs.
- The financial implications of this conflict are significant, with employment policies possibly impacted as the U.S. blocks the export of essential turbine parts to China and potential visa restrictions on Chinese students studying in America.
- Businesses and investors may want to be aware of the ongoing war-and-conflicts and policy-and-legislation associated with this dispute, as it could potentially influence general-news and the overall economy.
- Additionally, the U.S. and China are under criticism for their respective actions in related to essential minerals and AI chip technologies, which have the potential to impact the automotive sector and other high-tech industries. These issues could be discussed further in the context of community policy and politics.
