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Trump Claims Trade Talks; China Denies Negotiations

4/26/2025

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Story summary
  • President Trump asserted he spoke with Chinese President Xi Jinping about trade negotiations.
  • Chinese officials refuted Trump's claims, stating no active negotiations are occurring.
  • Trump's remarks sought to stabilize financial markets following a 10% decline in the S&P 500 since his inauguration.
  • Ongoing trade tensions with China contribute to global market uncertainty.