President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.

Author: Ana Swanson and Jonathan Swan
Published on: 25/04/2025 | 00:00:00

AI Summary:
President Trump said he’s meeting with China on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place. The S&P 500 is down 10 percent since Mr. Trump’s Jan. 20 inauguration. Mr. Trump said he would call Mr. Xi if he did not call first. He said, without evidence, that he had “made 200 deals”. The triple-digit tariff rates have forced many to halt shipments entirely. Richard Branson sharply criticized Trump’s “erratic” trade policies. He said that they risk “doing so much damage around the world” and that most Americans do not support them.

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