US-China Tariff War / Trump bows down amid tariff war! Said, 'We are going to make a good deal with Beijing'

US-China Tariff War: In the current global economic scenario, the ongoing tariff war between the US and China is once again in the news. The economies of the two countries are not only deeply intertwined, but also have a profound impact on the global market. Recently, US President Donald Trump's statement has indicated a new turn in this war. He said that the US is moving towards making a "very good" trade deal with China.

Trump's prediction: Deal will be done soon

Trump has now indicated a flexible stance after the toughening of trade relations with China. Talking to the media on Thursday, he said, "We are going to make a deal. I think we are going to make a very good deal with China." This statement came when the US has imposed heavy tariffs of up to 245 percent on Chinese imports in response to Beijing's retaliatory actions.

Trade deal expected with Europe too

The US President also said that it would be comparatively easy to make trade deals with Europe or other countries. During the visit of Italian Prime Minister Giorgia Meloni to Washington, she expressed hope for an agreement with the EU before the 90-day tariff break period ends. This indicates that the US is moving towards some leniency and rebalancing in global trade policy.

China's response: Talk of self-defense and justice

China has given a strong response to this tariff war. Foreign Ministry spokesman Lin Jian said that the US should respond to this tariff data, and China has only retaliated in defense of its legitimate rights and interests. He clearly said that this war was started by the US, and China has responded only under the principles of international fairness and justice.

China is not afraid

Lin Jian also made it clear that China does not want a tariff war, but it is not afraid of it either. He also reiterated that China is ready for cooperation and is committed to removing obstacles through dialogue. This indicates that Beijing is also interested in reducing tensions and bringing stability in trade relations.

Will both countries back down?

The ongoing tariff war between the US and China is also affecting the global markets. Trump's latest statements have raised hopes that the two countries can move towards an agreement. However, it remains to be seen whether this "very good" deal will actually happen or it will remain limited to diplomatic rhetoric only.