U.S. President Donald Trump announced on Thursday that a new trade agreement between the United States and China could be finalized within the next three to four weeks, signaling what he claims will be a major shift in global economic relations.
Speaking at a donor event in Palm Beach, Trump declared, “The deal is coming — in three or four weeks, you’ll see something very big. It’s going to be beautiful.”
The former president did not offer specific details about the agreement or whether the current administration under President Joe Biden is involved in its development. Instead, Trump described the United States as “a big, beautiful department store” — a metaphor he used to emphasize the country’s dominant role in global commerce.
“If we didn’t exist,” he said, “Mexico wouldn’t have a country. Canada wouldn’t have a country.”
The comments sparked renewed discussion over Trump’s potential return to the global stage, as he remains a leading figure in the 2024 presidential campaign trail and a prominent voice in Republican foreign policy circles.
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While Chinese officials have yet to respond publicly, analysts suggest any possible agreement would likely involve longstanding disputes over tariffs, intellectual property rights, and technology transfers — issues that defined the trade tensions between Washington and Beijing during Trump’s presidency.
This is not the first time Trump has hinted at private diplomacy or behind-the-scenes negotiations with China. Earlier this year, he claimed he had spoken with “very high-level people” in Beijing and insisted that they “miss the deal-making days.”
In recent weeks, Trump has also ramped up rhetoric about reasserting U.S. manufacturing strength and renegotiating trade terms with traditional partners. His remarks about Mexico and Canada drew criticism from diplomats and economists who noted the deep interdependence built through NAFTA and its successor, the USMCA.
Still, supporters praised Trump’s confidence, saying his track record of using economic leverage — particularly with China — remains unmatched among contemporary U.S. leaders.
With no formal statements from the Biden administration or the Chinese government, observers are cautiously watching for any signs that a substantive breakthrough is indeed on the horizon.