On Thursday, President of the United States (US) confirmed that the meeting with Chinese officials took place earlier this morning. He made comments at a press conference with Norwegian Prime Minister Jonas Gahr Støre, where he dealt with a number of major international issues.
Trump said Ukraine and Russia had to come to the table to make a peace treaty. He added that the NATO Union was very important to Europe and that it would be less powerful without USA. He added that he was talking to Norway about trade and other things.
Market reaction
US shares The Chinese title has increased, indicating that investors seem to be confident that both countries may reach an agreement.
US-China Trade War of Trade War
In general, the trade war is an economic conflict between two or more countries due to one end of the extreme protectionism. This requires the creation of trade barriers, such as tariffs, resulting in counterattacks, increasing import costs and thus the cost of living.
The economic conflict between the United States (USA) and China began in early 2018, when President Donald Trump erected trade barriers to China, demanding unfair commercial practices and intellectual property theft of the Asian giant. China took durable measures by introducing tariffs for several US goods, such as cars and soybeans. The tensions escalated until two countries signed the US-China trade trade transaction in January 2020. The Agreement required structural reforms and other changes in China's economic and trade regime and pretended to restore the stability and trust of the two countries. However, the coronavirus pandemic took the concentration of the conflict. But it is worth noting that after Trump's office, President Joe Biden held the tariffs in his place and even added additional fees.
Donald Trump's return to the White House, as the US 47 president has created a fresh voltage wave between two countries. During the 2024 election campaign, Trump promised to introduce 60% of the tariffs after returning to China, which he made on January 20, 2025. Trump. The US-China Trade War is intended to continue where it was left and with a tati policy that affects the global economic landscape with global delivery, spent to reduce information about investment in terms of investment.
