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Administration Seeks To Calm China Trade War Fears. (04/10/2018)

As part of a series of tweets, USA Today (4/8, Jackson) reported the President “vowed friendship” with Chinese President Xi Jinping “despite their trade differences,” as he and his top aides “sought to tamp down market fears of a trade war” between the two countries. The President tweeted, “President Xi and I will always be friends, no matter what happens with our dispute on trade.” He also predicted, “China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Property. Great future for both countries!” Bloomberg News (4/8, Krasny, Chandra) said Trump “predicted China will be first to buckle” after “a week of rising tensions on trade,” but the AP (4/8, Lemire) said he “did not explain why, amid a week of economic saber-rattling between the two countries that shook global markets, he felt confident a deal could be made.”

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