U.S.-China Trade Tensions Escalate as Tariff Deadline Looms and Beijing Reports Strong Economic Growth
With the reciprocal tariff pause between the U.S. and China set to expire next month, President Trump has specified his requirements for averting a 100% tariff hike. Meanwhile, Beijing reports stronger-than-expected economic growth of 5.2% year-on-year, potentially strengthening China’s negotiating position in the ongoing trade dispute.
Trump Sets Conditions to Avoid Escalating Tariff War
According to reports, President Donald Trump has outlined specific demands that Chinese officials must meet to avoid a potential 100% tariff hike on Chinese exports to the United States next month. Speaking to reporters aboard Air Force One, the president stated he wants China to purchase American soybeans and cease fentanyl-related activities, while also expressing concerns about rare earth minerals becoming a bargaining chip in trade discussions.