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Trump says US and China sign trade deal in potential tension cooldown

News RoomBy News RoomJune 27, 2025
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Speaking before reporters on Thursday (26 June), Trump said: “Everybody wants to make a deal and have a part of it… We just signed with China yesterday.”
He additionally hinted at a potential “big” trade deal with India and added that the relationship with both Delhi and Beijing are “very good” despite the build up of tariff tensions in the last months.
Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

In a separate statement, China’s commerce ministry said the country “will review and approve the export applications of controlled items…

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