President Donald Trump indicated on Friday that high tariffs on Chinese goods will not remain in place for the long term, signaling a potential shift in US-China trade relations ahead of his upcoming meeting with Chinese President Xi Jinping.
"It's not sustainable," Trump said in an interview with Fox Business when asked whether the current tariff levels could remain. "It could, but they forced me to do it."
Trump revealed he will meet with Xi in South Korea in two weeks, suggesting the meeting could lead to trade negotiations. "I think we're going to be fine with China," Trump said during the interview, a clip of which aired Friday.
The president maintained his critical stance toward past Chinese trade practices, saying, "They're always looking for an advantage. They've plundered our country for years." He added, "China—they did a terrible thing to our country. They took money out of it. Now, it's reversed."
Trump emphasized his approach to dealing with Beijing: "We have a very strong adversary, and they respect nothing but strength."
These statements come after Trump last week threatened to impose additional 100% tariffs on Chinese goods starting November 1, along with other trade measures against China. These threats came in response to Chinese restrictions on rare earth mineral exports