How long before we find out there’s no deal with China and this stock market rally was just another way for them to manipulate the markets?
— Art Candee 🍿🥤 (@ArtCandee) April 23, 2025
…today?
Politico White House correspondent Eli Stokols said the president was trying to evade the topic because negotiations hadn't even started.
"Well, he's mocking the press as sort of a way to get past the question," Stokols said. "There are no talks with China that are happening, so he can say, 'Oh, I'm going to be nice, we're going to be nice.' I mean, ever since they ratchet up the tariffs, he has been sort of subtly or maybe not so subtly trying to kind of coax China to make the first move. You know, it's kind of this awkward, like, high school situation, but they want China to engage."
Finance leaders like JPMorgan CEO Jamie Dimon have publicly urged Trump to engage with China before a global trade war wrecks U.S. credibility in the global market, saying there was no need to wait to de-escalate.
"I think there are a lot of cues out there on both sides saying, you know, this would be better if we could get past the staring contest and get down to it," Stokols said.
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