The head of Hennion & Walsh Asset and Cio Kevin Mahn responds to market and trade negotiations, the words of the Federal Reserve President Jerome Powell at the Chicago Economic Club and give his vision to income.
President Donald Trump On Thursday evening, he said there is a potential end to raising the back and front tariffs between the United States and China, as well as a possible deal on the horizon of the fate of Tiktok.
When talking to reporters in White House, Trump said officials believe that the Chinese leader, Shi Jinping, was looking to start talks.
Trump said he was reluctant to continue China's tariffs because it will do nothing but a trade deal between the two superpowers.
Here when US consumers feel the job of 145 % of China's tariffs
President Donald Trump, Left and China President Shi Jinping. (Getty Images / Getty Images)
Trump even stated that he might be open to lower tariffs.
“At a particular point, I don't want them to go higher because at a particular point you do it where people don't buy,” Trump said. So I might not want to go up, or I might even want to go to that level. “
He said he has a good relationship with XI and does not intend to change it.
“I have a great relationship with the President XI and I think that will continue,” said Trump.
Trump says Chinese President Xi Jinping knows where the tariffs are coming. (Ton Molina / Bloomberg through Getty Images / Getty Images)
Trump, who gives the legal deadline to China -based vocabulary Several times, he also talked about the possibility of a transaction that includes trade privileges and the sale of US Tiktok assets.
The Tiktok logo is seen on April 4, 2025 in Calor, California, outside the offices of the Chinese video program in Los Angeles. (Robyn Beck / AFP through Getty Images / Getty Images)
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“Okay, we have a Transaction for tiktok, He said.
In the past, he has argued that Tariff He probably stopped previous efforts to sell and keep it in the United States.
“I think it's a good deal for China,” Trump said. “Tiktok is good for China. And I think they like to see us, especially the deal we've done with almost some of the best companies in the world.”
Reuters was involved in this report.