By DAYO ADESULU
In a recent interview with Fox News, former U.S. President Donald Trump stated that he would “rather not” impose tariffs on China, despite repeated promises during his campaign to introduce steep levies on Chinese imports.
Key Statements from Trump
- On Tariffs as Leverage:
- Trump described tariffs as a “tremendous power over China” and acknowledged their potential impact, but expressed a preference not to use them unless necessary.
- “We have one very big power over China, and that’s tariffs, and they don’t want them. I’d rather not have to use it,” he said.
- On Negotiating with Xi Jinping:
- When asked if he could strike a deal with Chinese President Xi Jinping on issues such as Taiwan and trade, Trump confidently remarked:
- “I can do that because we have something that they want, we have a pot of gold.”
- When asked if he could strike a deal with Chinese President Xi Jinping on issues such as Taiwan and trade, Trump confidently remarked:
- Tariff Plans:
- After assuming office on Monday, Trump hinted at the potential implementation of 10% tariffs on all Chinese imports by February 1, a significant step down from the 60% levy he suggested during his campaign.
China’s Stance on Tariffs
China has consistently warned against the repercussions of a trade war, emphasizing that there are “no winners” in such conflicts. The Chinese government has also vowed to safeguard its economic interests in response to any aggressive trade measures.
Context and Implications
- Campaign Promises vs. Pragmatism:
Trump’s softer tone reflects the complexities of international trade negotiations, where punitive tariffs could disrupt global markets and harm both economies. - Geopolitical Stakes:
Issues like Taiwan, which is a sensitive topic for Beijing, add layers of complexity to U.S.-China relations. Trump’s remarks suggest a strategic approach aimed at leveraging U.S. economic influence without escalating tensions unnecessarily.
