President Trump said the phone conversation with Xi took place in a perfect way and the new owner of the White House said that it could reach a trade agreement with China.
“The phone talks is fine. That is a friendly conversation,” President Trump recounted the telephone reported by the Xinhua on the afternoon of January 17.
Mr. Trump threatens EU tax, warning China
“I can do that,” Mr. Trump answered the question of the possibility of reaching an agreement with China on trade issues after the Trump-Dam Dam.
Mr. Trump said that he did not want to use the tariff measure against the Beijing government, but called the tariff as a powerful tool if required to apply to the case of rivals like China.
Speaking remotely at the World Economic Forum in Davos (Switzerland) on January 23, President Trump said that he wanted a trade relationship between the US and China to achieve a balance, according to Reuters.
Observers said that Mr. Trump was gentle to China in the first week of the second term. And the global stock market temporarily breathed a sigh of relief.
Reuters reported that the stock market has responded positively to Mr. Trump’s comment. Reuters reported that Chinese and Hong Kong stocks increased in the last trading session of January 24.
Specifically, China’s CSI300 index until noon 24.1 increased by 1%, while the Shanghai Composite index increased by 0.7%. Hong Kong’s Hang Seng index increased by 1.9%.
The entire Asia-Pacific Index (except Japan) MSCI also increased slightly to 0.6% after the comment of the White House owner about the possibility of achieving trade agreements with China.