O’Lery Ventures President Kevin O’Lery explains how the United States can fix trade and economic issues once and on ‘The Evening Edit’ once and on ‘The Evening Edit’.
China’s Foreign Ministry says that Chinese President Xi Jinping will go on a week long journey to sideline relations with regional trade partners on Monday.
Xi will visit Cambodia, Vietnam and Malaysia, demands stabilizing China trade President Donald Trump’s relationship after large -scale tariff growth.
Chinese Commerce Minister Wang Wonto argued at the end of this week that Trump’s tariff “causes serious damage to developing countries.”
Vietnam imported sugar goods worth over $ 161 billion in 2024, and Malaysia imported over $ 101 billion according to Egens France-Press.
China increases tariff by 84% by 125% on US imports
Trump says that Chinese President Xi Jinping knows where he stands when it comes to tariff. (Ton Molina / Bloomberg Getty Image / Getty Image)
Tough competition with both Vietnam and Malaysia Trump’s first wave Last week of the tariff, although Trump has rested the tariff and provided an exception to consumer electronics.
Vietnam exported $ 136 billion goods to the US last year and Malaysia sent more than $ 52 billion.
Trump Tariff Spike gives new house bill fuel to shut down China from US Government Tech
China has vowed not to be largely 145% tariff Trump in the country last week. Trump stopped high-level tariffs for every country apart from China.
President Donald Trump, left, and Chinese President Xi Jinping. (Getty Image / Getty Image)
Trump remains The “optimistic” that the US and China can make a deal on tariffs, the White House press secretary Karolin Levit said on Friday.
“The President has made it clear that he is open to a deal with China,” said Levitt.
“President … If China intends to make a deal with the United States, it will be transformed. If China continues to retaliate, it is not good for China. The United States is the strongest, best economy in the world, as clarified by more than 75 countries, which have immediately called the administration to cut good deals,” he said.
Fox News contributor Jason Chafatez discussed how Democrats are accusing President Donald Trump’s tariff to stop the incidents of insider trading amidst the ban on ‘The Bottom Line’.
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Lewitt refused to say whether the US is currently engaged in trade talks with China.
