Trump: ‘I’d Rather Not’ Impose Tariffs on China Amid Trade Talks

Former US President Donald Trump expressed his preference to avoid imposing tariffs on China, despite his firm stance on the issue during his presidential campaign.

In an interview with Fox News, Trump highlighted the United States’ leverage over China, describing tariffs as a powerful tool to influence negotiations. He stated:

“We have something that they want, we have a pot of gold. We have one very big power over China, and that’s tariffs, and they don’t want them, and I’d rather not have to use it. But it’s a tremendous power over China.”

Trade and Taiwan Negotiations

When asked about the possibility of striking a deal with Chinese President Xi Jinping on trade and Taiwan, Trump remained optimistic, hinting at the US’s bargaining power.

The former president had proposed tariffs as high as 60% on Chinese imports during his campaign. After assuming office on Monday, he reiterated the potential for a 10% tariff on all Chinese imports starting February 1.

China’s Response

China has consistently cautioned against the negative impacts of a trade war, emphasizing that “there are no winners” in such conflicts. Beijing has vowed to safeguard its economic interests and respond accordingly to protect its position.

The Bigger Picture

The US-China trade relationship remains one of the most significant global economic dynamics, with tensions over tariffs and trade practices playing a central role. While tariffs provide leverage for the US, both nations understand the potential repercussions of escalating trade disputes.

Looking Ahead

As discussions continue, all eyes are on how the two economic superpowers navigate these challenges. Whether through tariffs or diplomatic negotiations, the outcomes will likely shape the global economy in the years to come.