Trump Awaits Call From China to Initiate Trade Talks

President Trump announced he is awaiting a call from China to begin trade negotiations, stating that China 'wants to make a deal, badly,' but is uncertain how to start. In a recent Truth Social post, he highlighted a productive call with South Korea's acting president, discussing trade issues, military payments, and a delegation from South Korea heading to the U.S. to negotiate further. Trump expressed optimism about the potential for beneficial deals with multiple countries, framing the negotiation process as 'one-stop shopping' to address various topics beyond just trade tariffs. He criticized President Biden for terminating military payment agreements established during his first term, which he characterized as a significant mistake. Meanwhile, China has announced it will take countermeasures against the tariffs announced by Trump, which are set to exceed 104%. The ongoing discussions with both South Korea and China reflect Trump's broader strategy to enhance U.S. trade relations.