BY TYLER DURDEN
MONDAY, OCT 20, 2025 – 01:00 PM
President Trump spoke about his relationship with Xi and the possibility of trade deals with China during his meeting with Australian Prime Minister Anthony Albanese this morning.
"I expect we’ll probably work out a very fair deal with President Xi of China," Trump said Monday, as he repeatedly returned to his dynamics with China.
"They will threaten us with rare earths. I don’t think they’re threatening us too much right now, but they could do that," Trump said.
"But I threaten them with something I think is much more powerful, and it’s tariffs."
Trump’s words moved markets up and down (but not significantly)…
- 1145ET *TRUMP: CHINA MAY PAY 155% TARIFF IF NO DEAL BY NOV 1 – Stocks down
- 1155ET *TRUMP: WE’LL END UP WITH STRONG TRADE DEAL WITH CHINA – Stocks up
- 1215ET *TRUMP: COULD THREATEN CHINA WITH AIRPLANE EXPORT CONTROLS – Stocks down
- 1220ET *TRUMP: I WANT CHINA TO THRIVE – Stocks up
Source:
https://www.zerohedge.com/geopolitical/trump-outlines-three-demands-china-high-level-trade-talks