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Trump Seeks to Help China Amid Trade Tensions

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Donald Trump China Trade Relations

Washington, D.C. — President Donald Trump expressed intentions to assist China rather than harm it, indicating a conciliatory tone following recent trade tensions. On October 12, he posted on social media platform Truth Social, “Don’t worry about China, everything will be okay. The respected President Xi Jinping has just gone through a tough moment. He doesn’t want his country to fall into recession, and neither do I.”

Trump’s statement reflects a softer approach toward Beijing after announcing a 100% tariff on Chinese goods. This decision is linked to China’s recent export restrictions on rare earth minerals, which are crucial for various industries. Trump had previously threatened to cancel a meeting with Xi scheduled for later this month during the Asia-Pacific Economic Cooperation (APEC) summit.

Experts are concerned that these escalating actions may reignite trade conflicts between the world’s two largest economies. Reacting to Trump’s statements, China criticized the U.S. for what it described as unfair actions, labeling the tariff threats as an example of double standards. The Chinese Ministry of Commerce accused Washington of escalating economic measures against Beijing since September.

“Continuous threats to impose high tariffs is not the right way to cooperate with China,” the ministry stated. This tension follows a series of tit-for-tat tariffs that have seen American goods face a 30% import tax, while China has maintained a 10% tariff on American products.

Earlier on October 10, Trump announced new controls on the export of key U.S.-made software, set to take effect November 1 or earlier, ramping up the pressure amid the ongoing trade dispute. This decision was seen as a response to China’s restrictions on rare earth exports.

China has also declared it will implement a “special port service fee” for vessels related to the U.S., a move interpreted as retaliation against similar U.S. tariff actions. This fee will take effect from October 14.

The Chinese Ministry warned that the approach taken by the U.S. was not conducive for dialogue and urged Washington to address disagreements through mutual respect and consultation. “If the U.S. continues down the wrong path, China will take decisive measures to protect its legitimate rights and interests,” a spokesperson stated, emphasizing China’s commitment to fair competition.

As these tensions escalate, the need for effective communication between the two nations becomes increasingly critical in maintaining stability in international trade.