• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Finance

Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leaders to talk

by
June 4, 2025
in Finance
0
Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leaders to talk
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


U.S. President Donald Trump said Wednesday that it was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions.

Scott Bessent, U.S. treasury secretary, said Thursday stateside that trade talks were “a bit stalled,” and the two countries’ leaders would likely need to weigh in. On Monday, a senior White House official told CNBC that Trump and Xi were likely to speak this week.

It remained unclear whether such a call had been arranged.

“I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!,” Trump wrote on Truth Social.

Washington and Beijing have blamed each other for violating a trade agreement reached in Switzerland on May 12. The deal included a 90-day suspension of most tariffs, as well as broad repeal of trade countermeasures by China against the U.S. imposed since early April.

China has not significantly eased restrictions on rare earths exports, contrary to Washington’s expectations. Beijing has also criticized the U.S. for moving forward on efforts to limit China’s access to advanced technology. Last week, the Trump administration also announced it would start revoking visas for Chinese students.

Chinese Foreign Minister Wang Yi said during his first meeting with the new U.S. Ambassador David Perdue Tuesday that the recent string of “negative measures” by the Trump administration were based on “groundless reasons,” and undermined China’s legitimate rights and interests, according to the official readout.

In the readout, Chinese authorities cited Perdue as saying that Trump had “great respect” for Xi, while calling on the U.S. to “meet China halfway” and work together on bringing the bilateral relations to return to the “right track.”

“This is apparently Beijing trying to leave the impression that the Trump wants to talk. Beijing publicly doing so indicates the phone call is drawing near,” said Neo Wang, lead China economist and strategist at Evercore ISI.

He said the meeting between Perdue and the top Chinese diplomat was planned for building the trust that Beijing needs, “so that Xi doesn’t get embarrassed by Trump after the call with words or actions.”

Trump and Xi last spoke in January, just before the U.S. president was sworn in for his second term. While Trump has in recent weeks said he would like to speak with Xi, analysts expect China to agree to that only if there’s certainty there will be no surprises from the U.S. during the call.

In a post on X late Tuesday, the U.S. ambassador said that he emphasized to Wang the U.S. priorities on trade, fentanyl and illegal immigration and the importance of maintaining bilateral communication between the two countries.

tcc widget logo
Weekly analysis and insights from Asia’s largest economy in your inbox
Subscribe now
Tags: Breaking News: Asiabusiness newscallsChinasDavid PerdueDealDonald J. TrumpDonald TrumpextremelyForeign policyfuelsHardleadersMarket InsiderMarketsstalemateStock marketstalkTradeTrumpUnited StatesXi Jinping
Previous Post

An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips’

Next Post

Market Trading Guide: Policybazaar among 6 stocks with buy recommendations for Thursday. Upside up to 12% in short term – Stock Ideas

Next Post
Market Trading Guide: Policybazaar among 6 stocks with buy recommendations for Thursday. Upside up to 12% in short term – Stock Ideas

Market Trading Guide: Policybazaar among 6 stocks with buy recommendations for Thursday. Upside up to 12% in short term - Stock Ideas

Stay Connected test

  • 138 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

July 18, 2023
As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto

March 23, 2025
Why startups and tech giants are racing to build a practical quantum computer

Why startups and tech giants are racing to build a practical quantum computer

March 23, 2025
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

March 23, 2025
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

December 8, 2025
Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

December 7, 2025
Nvidia has a cash problem — too much of it

Nvidia has a cash problem — too much of it

December 7, 2025
BitMine Buys The Dip: Treasury Firm Purchases 9M Worth Of Ethereum — Details | Bitcoinist.com

BitMine Buys The Dip: Treasury Firm Purchases $199M Worth Of Ethereum — Details | Bitcoinist.com

December 7, 2025

Recent News

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

December 8, 2025
Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

December 7, 2025
Nvidia has a cash problem — too much of it

Nvidia has a cash problem — too much of it

December 7, 2025
BitMine Buys The Dip: Treasury Firm Purchases 9M Worth Of Ethereum — Details | Bitcoinist.com

BitMine Buys The Dip: Treasury Firm Purchases $199M Worth Of Ethereum — Details | Bitcoinist.com

December 7, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

Netflix’s plan to buy Warner Bros. throws the theater industry into upheaval

December 8, 2025
Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

Warren Buffett is buying, Michael Burry is shorting: The AI trade splitting Wall Street

December 7, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.