In a recent development, President Trump voiced confidence in reaching a “fair deal” with China concerning trade, suggesting the possibility of tariff cuts following negotiations. Despite this statement, China has denied engaging in any current trade discussions or making agreements with the United States regarding tariffs. The conflicting reports indicate ongoing uncertainty surrounding the trade relations between the two economic powerhouses. President Trump’s optimism contrasts with China’s stance, highlighting the complexity of the situation. The trade war between the US and China has had global repercussions, impacting various industries and economies. Both countries have imposed tariffs on billions of dollars’ worth of each other’s goods, leading to concerns about the escalation of tensions. The outcome of the trade negotiations between the US and China is closely monitored by businesses, investors, and governments worldwide. The potential for tariff reductions could offer some relief to those affected by the trade dispute. However, the lack of clarity on the status of trade talks leaves room for speculation and uncertainty. As the world closely watches developments in US-China trade relations, the implications of any agreements reached will undoubtedly have far-reaching effects on the global economy.

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President Trump hopeful for “fair deal” with China on trade, China denies ongoing trade talks and tariff agreements.
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