Trump, China Trade, conflicting statements about commercial talks, increased confusion – national

US President Donald Trump I confirmed in an interview published on Friday tariff The negotiations were ongoing ChinaBut Beijing denied that any talks were taking place, the last of which was in a series of conflicting signals about what has been made to cancel the definition of the trade war that threatens global growth.

Trump told Time Magazine The talks are taking place and that Chinese President Xi Jinping has contacted him, a confirmation that he repeated the journalists leaving the White House on Friday morning to Rome to attend the funeral of Pope Francis.

“China and the United States do not have any consultation or negotiation on #Tarffs,” China has returned in a statement of the Foreign Ministry published by the Chinese embassy in the United States. “The United States must stop creating confusion.”

Trump, in his interview with correspondents on the Air Force later on Friday, said that it would be a victory if China opened its markets to the United States and that the customs tariff may happen.

“Freedom of China. You know, let’s enter and do China,” he said. “It will be great. That will be a big victory, but I am not sure that I will ask for it because they don’t want to open it.”

The face added to the state of great uncertainty surrounding the state of playing the irregular tariff policy of Trump, not only about China, but also with regard to dozens of countries that are scrambling to give up their private deals to reduce the huge import tax burden she launched since her return to the White House in January.

His team was negotiating up to a thunderbolt tour of commercial talks with foreign officials who set Washington this week for the Spring meetings of the International Monetary Fund and the World Bank Group.

But while Trump’s officials, including Treasury Secretary Scott Bessin, described indications of rapid progress, many of their counterparts were more cautious, and the international Monetary Fund financing heads were heading home with a renewed urge to reduce the risks of definitions.

“I move away from these meetings with a clear feeling of everything at the test and the risks in the jobs, for growth, for living levels all over the world,” Irish Finance Minister Bashal Donuho told Reuters. “The meetings here reminded me … Why do we need to leave any stone that has not been disposed of in the next few weeks and months to see how we can reduce this uncertainty.”

While clarity about whether the deals are actually disturbed to avoid imposing a more severe tariff in early July, there were signs of some escalation.

China gave some American imports of sharp definitions, as business groups said that Beijing allowed some made in the United States to enter the country without paying a 125 % fee imposed by Beijing earlier this month in response to Trump’s definitions by 145 % on Chinese imports.

Also, a list of 131 products is said to be in view of exemptions between some companies and commercial groups. Reuters was unable to check the list, which includes vaccines, chemicals and jet engines, and China has not publicly continued on this issue.

In recent days, the Trump administration has indicated that it is looking to defuse tension with China, where Bessent says that both sides believe that the current situation of the play cannot be defended.

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Meanwhile, Trump told the White House correspondents that he was very close to a deal with Japan. Analysts are seen as a “test issue” of other bilateral trade agreements, although the talks may be difficult. Some expect Prime Minister Shigro Ishiba and Trump to announce an agreement when they meet at the Group 7 summit in Canada in June.

Trump also told the time that he had concluded “200 deals” that would be completed within three to four weeks, although he refused to provide details. He said he considers it a “complete victory” if the definitions are still from 20 % to 50 % a year from now.

Trump has argued that the commercial barriers forest would revive the American manufacturing industries that were caused by global competition.

However, economists have widespread warning that they will lead to high prices of consumers in the United States and increase the risk of stagnation.

American stocks were on the right track to achieve a weekly gain, although they decreased by almost 10 % since Trump returned to his post in January, leaving in other countries, while the dollar fell at an unprecedented rate.

European and Asian stocks went for a second consecutive week from the gains on Friday, and the dollar took its first weekly increase in more than a month, as investors felt relief from signs that the United States and China were ready to retract their trade war. Wall Street’s main indexes rose slightly, as investors fought for clarity on the American -Chinese Trade Front.

In addition to the country’s tariffs, Trump also imposed a 10 % blanket tariff on all other American imports, top duties on steel, aluminum and cars.

He has also presented additional lists, especially in industry, on medicines and semi -conductors. This may cause the prices of medicines in the United States to rise by up to 12.9 %, according to industry estimates.

Trump’s tariff dominated discussions in the meetings of the International Monetary Fund this week, where the corner of the finance ministers of individual meetings with the US Treasury Secretary.

Pesin described preliminary talks with South Korea as “very successful” on Thursday, which Seoul called “a good start.” More discussions are to be held next week.

Switzerland also said it was satisfied with its initial meeting with Pesin. The American Commercial Office said it was “participating constantly” with Japan and other countries, but he said that Trump will eventually decide whether it would continue.

There were no minimal signs of concrete progress with other countries, although the head of the International Monetary Fund Crystalina Georgiva, who warned earlier this week that it might have caused a severe slowdown in global growth.