Trump says trade deal signed with China, hints at India agreement next

U.S. President Donald Trump walks on the day of a "One Big Beautiful" event at the White House
Reuters

US President Donald Trump said Thursday that Washington signed a trade agreement with China the previous day, though no details of the deal have been made public.

“Just signed with China yesterday,” Trump said during an event at The White House to promote his new tax and spending legislation. “In the China deal, we’re starting to open up China. Things that never really could have happened.”

US and Chinese officials reportedly met in London earlier this month to address tariff disputes. In April, Washington imposed sweeping tariffs on Chinese imports, though both sides later agreed to a 90-day easing of the measures starting in May.

Trump also suggested a trade deal with India may be next. “We have one coming up, maybe with India — a very big one — where we’re going to open up India,” he said.

He noted the US has collected $88 billion through tariffs, calling it “a beautiful thing.”

The remarks came as the president pushed for passage of the “One Big Beautiful Bill”, a Republican-backed legislative package that includes major tax cuts, border security funding, and economic reforms. Trump called it “one of the most important pieces of legislation in the history” of the country.

The bill narrowly passed the House last month and is currently being reviewed in the Senate. White House spokeswoman Karoline Leavitt said the administration expects it to reach Trump’s desk by 4 July.

“We expect that bill to be on the president’s desk for signature by July 4th,” Leavitt told reporters.

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