- Trump indicates the openness to the decalciation of a commercial war.
- Cabinet members give contradictory messages about China’s conversations.
- The United States holding daily conversations with China about rates: Rollins.
Washington: Donald Trump’s cabinet members gave contradictory messages on Sunday about whether negotiations with China on tariffs are being carried out, as the Republican President said.
The Trump administration pointed out the opening last week to de -display a commercial war between the two largest economies in the world that has generated fears of recession. Trump said the conversations were underway with China about tariffs and that he and Chinese president Xi Jinping have spoken.
However, Beijing has denied that commercial conversations occur.
The secretary of the Treasury, Scott Besent, a key player in the US commercial conversations with multiple countries, said on Sunday he had interactions with his Chinese counterparts last week during the international meetings of the Monetary Fund in Washington, but did not discuss the confrontation of the rate.
In a separate television interview, the Secretary of Agriculture, Brooke Rollins, said that the United States was having daily conversations with China about tariffs.
“Every day we are talking with China, along with those other 99, 100 countries that have come to the table,” Rollins said about CNN“State of the Union”.
Asked about alphabet“This week” if the United States and China were having tariff conversations, Besent did not address the question.
“I had interaction with my Chinese counterpart, but it was more about traditional things such as financial stability, early global economic warnings. I don’t know if President Trump has spoken with President Xi (Jinping),” he said.
Besent, who said last week that the negotiations with Beijing would be a “work work”, did not give a calendar for any possible agreement with China.
He said that a commercial agreement can take months, but a decalcalation and an agreement in principle can be achieved before and would prevent tariffs from going back to the maximum level.
Trump’s erratic deployment, often confusing, has affected countries that range from the largest US business partners, such as Canada, Mexico and China. The result has been almost unprecedented market volatility and serious damage to investors’ confidence in the assets of the United States.
