Trump Defends Trade Policy, Claims No Intent to Destroy China Amid Tariff Dispute

President Donald Trump has stated that he does not want to destroy China, emphasizing a preference for negotiation over conflict in the ongoing U.S.-China trade war. While acknowledging the imposition of high tariffs—equivalent to 155-157%—he said these were forced by Chinese actions and highlighted that products made in the U.S. are exempt from these surcharges. Trump praised Chinese President Xi Jinping as intelligent and interested in making deals, and he anticipates a meeting with Xi to discuss trade and possibly reach agreements. Despite the aggressive tariffs and export controls, Trump has reiterated that the door remains open for a peaceful resolution and that he is not inclined to use the full range of U.S. economic leverage that could severely harm China. Treasury Secretary Scott Bessent is scheduled to meet with Chinese Vice Premier He Lifeng to continue trade negotiations ahead of the Trump-Xi summit planned on the sidelines of a regional economic forum. The recent fluctuations in rhetoric and market reactions underscore the delicate balance in U.S.-China relations as both sides navigate complex economic and geopolitical challenges.