Trump hints at possible US-China trade deal amidst tariff tensions

President Donald Trump recently suggested that a new trade deal with China is 'possible,' indicating a potential shift in his administration's approach to trade negotiations. This comes amidst ongoing tensions, as Trump has imposed new tariffs, including a 10% duty on all Chinese imports and is considering a 25% tariff on lumber and forest products. China's foreign ministry responded, emphasizing the need for dialogue and warning that trade wars yield no winners. Trump's comments have raised questions about the future of US-China relations, especially as he considers additional tariffs on other imports. Despite his optimistic remarks, market reactions have been muted, reflecting skepticism about the feasibility of a new agreement. The situation remains fluid, with both parties navigating a complex landscape of tariffs and trade policies.