WASHINGTON: US President Donald Trump suggested on Wednesday that a trade deal was “possible” with China — a key target in the US leader’s tariffs policy.

In 2020, the United States had already agreed to “a great trade deal with China” and a new deal was “possible”, Trump told reporters aboard Air Force One.

Asked about the comments, Beijing’s foreign ministry said Thursday the two countries should handle trade tensions with “mutual respect.”

One month into his second term in office, Trump has threatened sweeping tariffs on allies and adversaries alike — targeting China as well as neighbors Canada and Mexico, and the Euro­pean Union — and using levies as his main policy tool for lowering the massive US trade deficit.

At the beginning of Feb­ruary, he slapped additional customs duties of 10 percent on all products imported from China.

Beijing’s foreign ministry said Thursday that China and the United States “should resolve their concerns through dialogue and consultation based on equality and mutual respect”. “Trade and tariff wars have no winners and only serve to damage the interests of people all over the world,” ministry spokesman Guo Jiakun said at a regular press briefing.

At a separate news conference, China’s commerce ministry said Beijing “urges the US side not to wield the big stick of tariffs at every turn, using tariffs as a tool to engage in coercion all around.”

Published in Dawn, February 21st, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

GB Assembly’s demand
Updated 21 Jul, 2026

GB Assembly’s demand

THE newly elected Gilgit-Baltistan Assembly last week adopted a unanimous resolution asking the centre to grant the...
Spain’s statement
21 Jul, 2026

Spain’s statement

IT was a one-sided affair for the most part. The FIFA World Cup 2026 concluded in the early hours of Monday for...
Slow death
21 Jul, 2026

Slow death

MANCHHAR Lake, which is situated at the foot of the Kirthar range, was once Pakistan’s largest freshwater body ...
Unmasking stability
Updated 20 Jul, 2026

Unmasking stability

THREE reports last Friday — a widening food trade gap, return to a current account deficit, and the government’s...
Flood data gap
20 Jul, 2026

Flood data gap

HAVING endured one of its worst floods last year — triggered by intense monsoons and compounded by sudden water...
Zero-dose alert
20 Jul, 2026

Zero-dose alert

ALTHOUGH Pakistan recently announced its first National Vaccine Policy, it will take time before the immunity gap ...