Trump is not aiming to swiftly avert the trade war between the U.S. and China.

U.S. President Donald Trump is not in a hurry to negotiate with Chinese President Xi Jinping regarding the easing of the new trade war between the countries. A phone call between the leaders is currently in the planning phase.

This was reported by RBK-Ukraine citing Reuters.

"That's wonderful," Trump said during a meeting with journalists at the White House when asked about the Chinese tariffs in response.

The conversation between Xi and Trump is viewed as a key to potentially easing or delaying tariffs, similar to what occurred on Monday during talks with the leaders of Mexico and Canada.

White House Press Secretary Carolina Levitt informed reporters that the call between Trump and Xi has yet to be scheduled.

"President Xi reached out to President Trump to discuss this, likely to initiate negotiations. So we will see how this call goes," Levitt said.

China's Preemptive Warning

Beijing's limited response to Trump's implementation of a 10% tariff on all Chinese imports highlighted the efforts of Chinese politicians to draw Trump into negotiations to prevent an open trade war between the two largest economies in the world.

A representative from the Chinese embassy in Washington, Liu Pengyu, stated that Beijing hopes Washington will work to ensure stable, healthy, and sustainable relations between the two countries.

The International Monetary Fund, which warned last month that a sharp tightening of protectionist policies could impact investments and disrupt supply chains, stated that "it is in everyone's interest to find constructive ways to resolve disputes and ensure trade."

According to estimates from the British research firm Capital Economics, China's additional tariffs will affect about $20 billion of annual imports compared to $450 billion of Chinese goods subject to the Trump tariff that took effect at 12:01 a.m. on Tuesday (0501 GMT).

"The measures are modest enough, at least compared to the actions of the U.S., and were calibrated to send a message to the U.S.," noted Julian Evans-Pritchard, head of China economics at Capital Economics, in his report.

U.S. Tariff War

On February 1, Donald Trump signed an order imposing a 25% tariff on imports from Canada and Mexico, as well as a 10% tariff on goods from China. The restrictions were set to take effect on February 4.

In response, China implemented targeted tariffs on American imports.

Additionally, Beijing warned several companies, including Google, about potential sanctions in response to Trump's tariffs.

At the same time, Trump did not rule out negotiations with China regarding a possible postponement of tariffs.

It should be noted that on Monday, February 3, Trump suspended the introduction of 25% tariffs on Mexico and Canada. He agreed to a 30-day pause in exchange for concessions from both countries on border security and crime fighting.