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Trump Discusses China Trade Deal and Ukraine Peace Talks

CBS New YorkMay 7, 20252 min8,311 views
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China Trade Deal Negotiations

  • ⚡ President Trump stated that trade talks with China are active for potential tariff deals.
  • 🎯 He predicted that the outcome would be a fair deal with China, aiming to rebalance international trade.
  • 📈 Speculation about a potential deal boosted the stock market, which had experienced volatility due to the trade war.
  • ⚠️ Treasury Secretary Scott Besson emphasized that tariffs are necessary to address China's unsustainable economic model, which harms both China and the global economy.

Ukraine Peace Talks and Accusations

  • 🕊️ US officials are threatening to walk away from talks aimed at ending Russia's war with Ukraine.
  • 🇺🇦 President Trump accused Ukrainian President Volodymyr Zelensky of sabotaging a peace plan.
  • 🤝 Trump indicated that while a deal with Russia might be in place, dealing with Zelensky has been harder, but expressed hope for a resolution with both parties.
  • ✈️ Both leaders are expected to be in Rome for the Pope's funeral on Saturday, though Trump did not confirm any meeting plans.

Business Concerns on Tariffs

  • 🛒 CEOs of Target and Walmart have privately warned President Trump that his tariff policy could lead to significant supply chain disruptions, potentially resulting in empty shelves.
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What’s Discussed

China Trade DealTariffsUkraine Peace TalksVolodymyr ZelenskyDonald TrumpWhite HouseTreasury Secretary Scott BessonStock MarketSupply Chain DisruptionsTargetWalmart
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