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Reading: Trump Backtracks on 100% China Tariff Menace
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News

Trump Backtracks on 100% China Tariff Menace

Editor
Last updated: October 12, 2025 7:06 pm
Editor
Published: October 12, 2025
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Trump Backtracks on 100% China Tariff Menace


President Donald Trump has moved to ease tensions between Washington and Beijing with a recent message of reassurance towards China. His assertion comes as Bitcoin and different cryptocurrencies lengthen losses amid fears of a broader financial slowdown led by China’s weakening economic system.

Donald Trump’s Remarks Goal to Calm World and Crypto Market Fears

In a submit shared on X by means of his Fact Social account, Donald Trump stated People mustn’t fear about China, insisting that “it should all be high-quality.”

Don’t fear about China, it should all be high-quality! Extremely revered President Xi simply had a foul second. He doesn’t need Despair for his nation, and neither do I. The united statesA. desires to assist China, not harm it!!! President DJT

(TS: 12 Oct 12:43 ET)​​​‍​​‌‍​​‌‍​​​​​​‌‍​​​​‌‍​​​​​​​‌‍…

— Trump Fact Social Posts On X (@TrumpTruthOnX) October 12, 2025

The president praised Chinese language chief Xi Jinping, describing him as “extremely revered” and suggesting that latest troubles in China’s economic system had been solely momentary.

“President Xi simply had a foul second,” Donald Trump wrote. “He doesn’t need Despair for his nation, and neither do I. The united statesA. desires to assist China, not harm it!”

The assertion comes at a time of renewed concern over China’s financial slowdown and the potential spillover results on world monetary markets, together with the crypto market. A pointy crypto market decline on October 10 coincided with Donald Trump’s announcement of a 100% tariff on China items after the latter introduced the identical.

 



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