Donald Trump admitted that people were getting “a little bit afraid” of the growing tariff tensions during his presidency but insisted that trade deals were still possible—especially with China.
Speaking at a press conference on Wednesday, Trump revealed that he had decided to pause reciprocal tariffs for 90 days for countries that did not retaliate against the United States. However, he confirmed an increase in tariffs on China, which responded with additional retaliatory tariffs of its own.
“People were jumping a bit out of line,” Trump said, addressing concerns over economic instability and public reaction to the ongoing trade war.
Confident on China Despite Tensions
Despite the escalating tariff battle, Trump maintained his belief that China wants to make a deal.
“They just don’t know how quite to go about it… President Xi is a proud man. They’ll figure it out,” he stated.
Trump’s remarks suggest he sees a negotiated solution with China as likely, even if tensions remain high in the short term.
A Strategic Pause
The 90-day pause in tariffs was framed as a gesture of goodwill toward countries that have refrained from retaliating, signaling a strategic attempt to stabilize trade relationships while still pressuring Beijing.
Trump emphasized that his ultimate goal was to secure fair trade deals that benefit the U.S. economy, even if the path is rocky.
The Bigger Picture
With ongoing uncertainty in global markets, Trump’s comments reflect the balancing act between maintaining a tough stance on trade and addressing growing economic fears among businesses and consumers.
While China and the U.S. remain at odds, both sides have hinted at their willingness to return to the negotiating table, offering a glimmer of hope in an otherwise tense standoff.