U.S. President Donald Trump says China has reached out a number of times for tariff talks. Beijing has not confirmed any dialogue, saying the party that initiated the tariff increase must resolve it.
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00:00Weeks since the U.S. imposed massive tariffs on imports from China, President Donald Trump
00:05has signaled the world's two biggest economies are in talks to end the tit-for-tat hikes.
00:10I would say they have reached out a number of times.
00:15He or they?
00:16Well, the same. I view it very similar. It would be top levels of China.
00:20And if you knew him, you would know that if they reached out, he knew exactly, he knew everything about it.
00:26He runs it very tight, very strong, very smart. And yeah, we're talking to China.
00:32The U.S. president adding he would delay a deal on Chinese-owned social media company TikTok until the trade issues with China are worked out.
00:40Washington has imposed across-the-board tariffs of 145% on Beijing, with China striking back by raising its own levies on goods from America to 125%.
00:51China has not confirmed any talks, only saying they are willing to resume dialogue.
00:56Both countries have also taken non-tariff punitive measures against each other.
01:21Beijing has imposed export controls on a range of rare-earth minerals and magnets, crucial for the U.S. in manufacturing high-tech products.
01:30While Washington is planning to impose fees on Chinese-owned or built ships that dock in the U.S.
01:36The escalating trade war has seen Chinese President Xi Jinping seek closer relations with Asian neighbors.
01:42The Chinese leader shored up relations with Vietnam, Malaysia and Cambodia this week during a three-nation trip.
01:48Trump had a different reaction.
01:50Trump had a different reaction.
01:55Trump had a different reaction to Xi's tour, saying it was aiming to quote, screw the United States.
02:10And despite the U.S. President's confidence that a deal can be made with China, his tariff war could be opening up diplomatic options for Beijing, strengthening Xi's hand in any negotiations.
02:34Alex Chen and Rosie Greninger for Taiwan Plus.
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