Washington, United States – In a statement that brings some warmth to the chilly atmosphere between the world’s two largest economies, US President Donald Trump said there is a “very good chance of reaching a deal with China.” He emphasized that Washington and Beijing are continuing their consultations to resolve the trade disputes, which have impacted the global economy for years.
Trump added, in statements from the White House, that the negotiations are “moving in a positive direction.” He noted that both sides have shown flexibility and expressed a willingness to make concessions on contentious issues, most notably tariffs, intellectual property rights, and support for domestic industry.
Analysts believe Trump’s rhetoric this time is unusually conciliatory. This comes after months of mutual threats and war of words between Washington and Beijing, increasing the likelihood of an agreement. This could restore confidence to global markets that have suffered from prolonged turmoil.
Trump’s remarks come as the US economy seeks to bolster its stability amid volatile energy prices and political turmoil in Europe and Asia. Meanwhile, China is betting on economic openness and easing tensions, aiming to restore its strong growth after years of challenges.
Observers believe that any trade agreement between the two giants would not merely represent an economic understanding, but rather a political and strategic shift. This could reshape the balance of power in the international system and put an end to a trade conflict that has exhausted markets and worried investors around the world.
