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China has reached out on tariffs, TikTok deal on ice - Trump
The Star
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4/18/2025
US President Donald Trump on Thursday (April 17) signaled a potential end to the tit-for-tat tariff hikes between the US and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.
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00:00
Very good talks yesterday with Mexico. Talking with everybody, you know, the problem is it's only so many hours in the day.
00:07
I have a very good relationship with President Xi, and I think it's going to continue.
00:11
And I would say they have reached out a number of times.
00:17
Xi or they?
00:18
Well, the same. I view it very similar. It would be top levels of China.
00:22
And if you knew him, you would know that if they reached out, he knew exactly, he knew everything about it.
00:28
He runs it very tight, very strong, very smart. And, yeah, we're talking to China.
00:34
Did he call you directly, President Xi, or reached out? Did he both take a conversation?
00:39
Well, you'd think it was pretty obvious that he has, but we will talk about that soon.
00:45
It's not that important because, honestly, we're going to have a deal.
00:49
I believe we're going to have a deal with China. And if we don't, we're going to have a deal anyway,
00:54
because we're going to set a certain target and that's going to be it.
00:57
You previously said that you would consider reducing tariffs on China to get a Tic-Tac deal done.
01:02
Is that still on the table as of now?
01:04
Well, we have a deal for Tic-Tac, but it will be subject to China,
01:07
so we'll just delay the deal until this thing works out one way or the other.
01:10
If they say —
01:11
And I think it's a good deal for China. The Tic-Tac deal is very good.
01:15
Tic-Tac is good for China. And I think they'd like to see us do a deal,
01:19
especially the deal that we have pretty much done with some of the best companies in the world.
01:23
If they agree to sign the deal, would you take that into consideration?
01:27
I think it would be something we discuss because, you know, it's a natural.
01:30
If we're making a deal, I guess we'll spend five minutes to talk about Tic-Tac.
01:35
It wouldn't take very long.
01:36
Thank you very much, everybody.
01:37
Thank you, Fred!
01:38
Thank you, Fred.
01:39
Thank you for having me.
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