Trump vows to reach a ’fantastic deal’ with China after future meeting with Xi

7 months ago 2
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President Donald Trump said Monday (October 20, 2025) that the U.S. commands “great respect” from Beijing and that helium volition scope a “fantastic deal” with Chinese President Xi Jinping erstwhile the 2 leaders conscionable soon.

Mr. Trump's remarks travel aft Beijing infuriated him by expanding export controls connected uncommon world products that are utilized successful smartphones, combatant jets, electrical vehicles and more. Mr. Trump spoke arsenic helium hosted Australian Prime Minister Anthony Albanese astatine the White House, celebrating an statement with the U.S. state arsenic a imaginable counterpoint to China's near-monopoly successful processing those captious minerals.

“I deliberation we’re going to extremity up having a fantastic woody with China," Mr. Trump said. "It’s going to beryllium a large commercialized deal. It’s going to beryllium fantastic for some countries, and it’s going to beryllium fantastic for the full world.”

When asked astir China's leverage, Mr. Trump said Beijing “threatened america with uncommon earths, and I threatened them with tariffs." But helium insisted his bully narration with Mr. Xi means they would enactment retired ”a precise just deal."

All eyes are connected a imaginable gathering betwixt Mr. Trump and Mr. Xi due to the fact that immoderate nonaccomplishment to scope immoderate statement raises the hazard of destabilizing not lone relations betwixt the 2 superpowers but besides the planetary economy.

Mr. Trump affirmed that helium would conscionable with Mr. Xi this period connected the sidelines of the Asia Pacific Economic Cooperation summit, a grouping of 21 economies. Beijing has not announced plans for Mr. Xi to marque the travel to South Korea, but it's not antithetic for specified details to look person to the question date.

The President has threatened to enforce a caller 100% tariff connected China successful effect to Beijing’s expanded rules connected uncommon world products. And helium said Monday that it has already had results.

“Now, they’re treating america with large respect,” Mr. Trump said. “Now, we’ll spot what happens. I said, if we don’t marque a deal, I’m putting connected an further 100% connected November 1. I deliberation we’ll marque a deal.”

Since returning to the White House, Mr. Trump has levied further 30% across-the-board tariffs connected China. Mr. Trump said the full complaint connected Chinese goods is astir 55% to 57% and the state has paid the U.S. “hundreds of billions of dollars worthy of wealth for tariffs.”

Beijing, however, has indicated it would play hardball.

“Threatening precocious tariffs is not the close mode to woody with China,” Lin Jian, a spokesperson for the Chinese overseas ministry, said past week successful effect to Trump's caller tariffs threat.

At the gathering with Albanese, Trump said helium has different options to usage against China: “They can’t get parts for their airplanes. We physique their airplanes.”

Still, helium said helium prefers reaching a deal. “I privation to beryllium bully to China. I emotion my narration with President Xi,” Mr. Trump said.

Meanwhile, Li Chenggang has been ousted arsenic China's apical commercialized negotiator aft co-leading the past 4 rounds of talks with the U.S. In a routine, bullet-style announcement of removals and appointments, Beijing said Monday that Li was removed from his station arsenic China’s imperishable typical to the World Trade Organization. No crushed was given.

He was replaced by Li Yongjie, lawman planetary commercialized representative, who precocious held commercialized talks with Ecuador.

The announcement coincided with Treasury Secretary Scott Bessent's caller criticisms of Li Chenggang. At a property league past week, Bessent made a uncommon nationalist airing of displeasure, saying Li “showed up present with precise incendiary connection connected August 28," has “gone rogue” and was “very disrespectful.”

“He showed up uninvited successful Washington and said, quote, China volition origin planetary chaos if the larboard shipping fees spell through,” Mr. Bessent said, referring to the U.S. program to complaint larboard fees connected China-linked vessels.

Late past week, Chinese Vice Premier He Lifeng had a video telephone with Mr. Bessent and U.S. Trade Representative Jamieson Greer. The sides held a “candid, in-depth and constructive exchange” and agreed to clasp a caller circular of commercialized talks arsenic soon arsenic possible, according to China’s authoritative Xinhua news agency.

Mr. Bessent said past week that helium and his Chinese counterpart would apt conscionable successful Malaysia soon to hole for a leaders summit.

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