Trump says ‘extremely hard’ to make a deal with China’s Xi Jinping as trade talks stall

On Wednesday, President Donald Trump expressed difficulty in reaching a deal with Chinese President Xi Jinping amidst escalating trade tensions. The U.S. Treasury Secretary, Scott Bessent, mentioned on Thursday that trade discussions had slowed down and the leaders of both countries would likely need to intervene. Although it was hinted that Trump and Xi might converse this week, it was uncertain if such a call had been scheduled.

Trump conveyed his respect for Xi but acknowledged the challenges in dealing with him. The U.S. and China have accused each other of breaching a trade agreement reached in May, leading to a suspension of tariffs and trade measures. Discrepancies remain, such as China’s restrictions on rare earths exports and the U.S.’s actions to limit China’s access to technology.

Amidst criticisms from China regarding recent U.S. actions, there were attempts to bridge the gap in relations. The U.S. Ambassador emphasized the importance of mutual understanding and collaboration in discussions with Chinese officials. Analysts anticipate a conversation between Trump and Xi, with China seeking assurances of no surprises from the U.S. during the call.