During a press briefing, White House Press Secretary Karoline Leavitt addressed the possibility of a trade deal with China, emphasizing that discussions are ongoing and progress is being made. She mentioned that President Trump believes there is strong interest from both sides to finalize a deal, with 18 proposals already in circulation. Additionally, Secretary Scott Bessent indicated that the current trade standoff is unsustainable, suggesting a potential for soon de-escalation in tensions between the two countries.
After another reporter asked if the administration is engaged in conversations with China, Leavitt replied, "I actually do have something to share on that. I asked the president about this before coming out here..."
We feel everyone involved wants to see a trade deal happen, and the ball is moving in the right direction..."
Secretary Bessent reportedly today told investors that this trade standoff with China he expects will be de-escalating soon, because...the situation is unsustainable..."
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