Thu Feb 20 17:28:18 UTC 2025: ## Trump Suggests Possible New Trade Deal with China Amidst Tariff Threats
**Washington, D.C. – February 20, 2025** – U.S. President Donald Trump hinted at the possibility of a new trade deal with China, despite his administration’s ongoing imposition of tariffs. Speaking to reporters Wednesday, President Trump stated that a new agreement was “possible,” building on a previous deal reached in 2020.
This statement comes as President Trump continues his aggressive tariff policy, threatening levies against key allies and adversaries including China, Canada, Mexico, and the European Union in an attempt to reduce the U.S. trade deficit. Earlier this month, he implemented a 10% tariff increase on all Chinese imports.
China responded swiftly, with the Foreign Ministry stating that both nations should resolve trade disputes through dialogue and consultation based on mutual respect. A spokesperson emphasized that “trade and tariff wars have no winners,” underscoring the potential harm to global interests. The Commerce Ministry also urged the U.S. to refrain from using tariffs as a tool for coercion.
President Trump’s aggressive stance also includes threats of 25% tariffs on imported cars and similar or higher duties on pharmaceuticals and semiconductors. The ongoing situation remains tense, with the possibility of a new trade deal hanging in the balance amidst escalating trade tensions.
First Piper 