FX.co ★ Trump and Vance Signal Openness to China Talks

The Trump administration expressed a willingness to consider a trade agreement with China on Sunday, despite rising tensions due to Beijing's recent export restrictions. This development came in response to President Donald Trump's announcement last Friday of imposing a comprehensive 100% tariff on all Chinese imports, effective November 1, as a countermeasure to China's limitations on rare earth exports. Vice-President J.D. Vance called on Beijing to "choose the path of reason," suggesting that Trump would have greater bargaining power if the conflict continues. On Truth Social, Trump adopted a more conciliatory approach: "Don't worry about China, it will all be fine! Highly respected President Xi just encountered a setback. He doesn't want a depression for his country, and neither do I. The U.S.A. aims to assist China, not harm it!!!"