The Trader Harbor
  • Business
  • Politics
  • World News
  • Stocks
  • Business
  • Politics
  • World News
  • Stocks

The Trader Harbor

Politics

Trump says US not willing to make deal with China unless trade deficit is solved

by admin April 7, 2025
April 7, 2025
Trump says US not willing to make deal with China unless trade deficit is solved

President Donald Trump said Sunday that he is not willing to make a deal with China unless the trade deficit of over $1 trillion is resolved first.

While speaking to reporters on Air Force One, Trump said with some countries there is a trade deficit of over a billion dollars, but with China, it is over $1 trillion.

‘We have a $1 trillion trade deficit with China. Hundreds of billions of dollars a year we lose to China, and unless we solve that problem, I’m not going to make a deal,’ he said. ‘I’m willing to make a deal with China, but they have to solve this surplus. We have a tremendous deficit problem with China… I want that solved.’

Trump also said because of the tariffs, the U.S. has $7 trillion of committed investments when it comes to building automotive manufacturing plants, chip companies and other types of businesses, ‘at levels that we’ve never seen before.’

But in terms of trade deficits, Trump said he has spoken with a lot of leaders in Europe and Asia, who are ‘dying’ to make a deal, but as long as there are deficits, he is not going to do that.

‘A deficit is a loss,’ he said. ‘We’re going to have surpluses, or we’re, at worst, going to be breaking even. But China would be the worst in the group because the deficit is so big, and it’s not sustainable.

‘I was elected on this,’ Trump added.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Trump, Netanyahu to meet at White House as Israel seeks tariff relief, discussions on Iran, Gaza hostages
next post
Kevin Hassett doubles down on Trump tariffs, says dozens of countries are asking to negotiate

Related Posts

Trump signs proclamation declaring February 9 ‘Gulf of...

February 10, 2025

White House demands all Gaza hostages return home...

August 28, 2025

Trump says Zelenskyy wants to back out of...

March 31, 2025

Iran tried to influence election by sending stolen...

September 19, 2024

Trump has 9-point lead on most important issue...

October 10, 2024

Trump urged to aid Yemen’s anti-Houthi forces as...

July 17, 2025

RFK Jr urges Catholics to vote for Trump...

October 25, 2024

One Republican senator voted against confirming Trump nominee...

April 4, 2025

Trump says 10 hostages will be returning from...

July 19, 2025

Mother of Hunter Biden’s daughter defends pardon, says...

December 10, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • The Real Drivers of This Market: AI, Semis & Robotics

      October 14, 2025
    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

      October 14, 2025
    • Dem gubernatorial nominee facing heat for taking donations from CCP-linked tycoon: ‘Disqualifying’

      October 14, 2025
    • Blinken claims Trump’s Gaza ceasefire deal drew from Biden-era framework

      October 14, 2025
    • Trump has freed more than 70 US hostages in less than a year; Biden released around 70 in four years

      October 14, 2025
    • Pakistan announces intention for second Nobel Peace Prize nomination for Trump over Gaza ceasefire role

      October 14, 2025

    Categories

    • Business (1,418)
    • Politics (4,737)
    • Stocks (1,707)
    • Uncategorized (45)
    • World News (1,411)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheTraderHarbor, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thetraderharbor.com | All Rights Reserved