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president Donald Trump On Monday, the USA and China – the two largest economies in the world – said “will have a great relationship”, although he warned that he could “destroy” China by playing the “incredible cards” available to it.
“We have much larger and better cards than you,” Trump told reporters in the Oval Office before a bilateral meeting with South Korean President Lee Jae Myung. “You have a few cards. We have incredible cards. But I don’t want to play these cards. If I do it, the China would destroy,” said Trump, adding: “I won’t play these cards.”
It was not immediately clear whether Trump’s “cards” referred to the economic lever, political influence or anything else.
Trump, if you are considered with China’s XI in the near future
President Donald Trump, left, meets during a meeting on the edge of the G-20 summit in Osaka, Japan, on Saturday, June 29, 2019, with the Chinese President Xi Jinping. (Susan Walsh/AP)
Trump also said that he had recently spoken to the Chinese President Xi Jinping and added that he had taken a journey into consideration to meet his counterpart because the two countries continue to negotiate trade conditions.
“At some point this year or shortly afterwards we go to China,” said Trump. The president said last month that XI had extended the invitation.
On August 12th, Washington and Beijing agreed to extend their commercial weapon arrest by another 90 days, and gave the negotiators more time to achieve a deal. Trump has raised tariffs for all Chinese goods several times this year, with the highest service achieved 145% in April. The current US tax for most Chinese imports is 30%. China has placed an obligation of 10% on the US imports. “
China’s oil relationships with Russia and Iran are merchant flash points, says US, says US
In July, finance minister Scott bets Identified China’s support for sanctioned oil as a central point of dispute during the last round of Commercial talks That happened in Sweden. Bessent previously headed trade negotiations with the Chinese in Geneva in May and a month later in London.
The American sales representative Jamieson Greer (left) and American Secretary of the Ministry of Finance Scott Bessent take part in a press conference after two days with conversations with closed doors about the trade between the USA and China, in Geneva, Switzerland, Monday, May 12, 2025.
Washington has complained for a long time Iran And Russia uses the funds of oil exports to finance terror and other destabilizing actions around the world. Despite US sanctionsBeijing is the top importer of Iranian oil and the second largest importer of Russian oil.
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In addition to Russian and Iranian Bessent also said that the United States wanted to contain China’s status as a global power package. He asked beforehand China To restrict its massive export management and to increase its participation as a global trading import partner.
