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Trump says he wants fair deals with China, not conflict, easing tensions ahead of summit.
President Donald Trump said he is not seeking to destroy China, reversing earlier tough rhetoric, in a Fox News interview.
He praised Chinese President Xi Jinping as a strong leader whose life story is "worthy of a movie," emphasizing a desire for a fair deal over conflict.
Despite previous threats of 100% tariffs and tech restrictions tied to China’s rare earth dominance and export controls, Trump reassured investors markets would stabilize.
His tone shift prompted mixed market reactions, with initial drops followed by rebounds.
U.S. Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng ahead of a planned Trump-Xi summit in South Korea.
Analysts note the U.S. holds additional economic leverage through aviation, software, and financial systems.
Trump dice que quiere tratos justos con China, no un conflicto, aliviando las tensiones antes de la cumbre.