President Donald Trump indicated in an NBC interview that tariffs on Chinese imports will eventually be reduced, as both the US and China seem to be easing their stance on trade negotiations. Despite acknowledging the significant impact of tariffs on China's economy, including factory closures and rising unemployment, Trump remains firm that he will not initiate tariff reductions. The Chinese Commerce Ministry has suggested that for trade talks to begin, the US must first cancel its unilateral tariff hikes. Trump also expressed interest in reaching a 'fair' trade deal, asserting that the US has been disadvantaged in past trade interactions with China. Additionally, Trump mentioned his willingness to extend the deadline for ByteDance to sell TikTok's US operations amid national security concerns, highlighting the platform's importance to his political strategy.

During an NBC interview, President Trump stated that while tariffs on Chinese imports could be lowered eventually, he would not be the first to make a move, despite the economic strain they have placed on China, evident through factory closures and high unemployment.

Trump's comments come amid softened rhetoric from both the US and China regarding potential trade discussions, though China's Commerce Ministry insists that the US must first retract its unilateral tariff increases for talks to commence.

The ongoing tariff escalations have significantly impacted China's export-driven economy, with a notable contraction in factory activity and a steep decline in new export orders, according to official data.

In response to questions about negotiating with China, Trump emphasized his goal for a 'fair' trade deal, reiterating his view that the US has been exploited in trade relations with China for years.

Trump also addressed the situation with TikTok, expressing his openness to extend the deadline for ByteDance to divest its US operations, a move driven by national security concerns and the platform's influence on young voters.

There is a strong interest among American investors in TikTok, and Trump has highlighted its political significance, noting its role in his outreach to younger demographics during the 2024 presidential election.

Apart from China, Trump mentioned ongoing negotiations with various countries and suggested that new trade deals might be announced soon, asserting his control over setting the terms of such agreements.