Trump blames Biden for the Economic Downturn while desperately seeking Dialogue with China

[AndreasHG]

Writes the Washington Post "President Donald Trump lashed out Wednesday morning at increasingly dim economic forecasts that have cast his policies in a harsh light and clouded what he had hoped would be a valedictory marker of his 100 days in office.

He has blamed the Federal Reserve. He has expressed anger at what he has described as unfair trade policies of the past, and bluntly said that Americans may have to stomach paying more and getting less. And, more than anything, he has blamed his predecessor.

“You probably saw some numbers today,” he said at the start of a Cabinet meeting at the White House. “And I have to start off by saying, that’s Biden; that’s not Trump.”

 

In the meanwhile, the Global Times (a daily tabloid newspaper under the auspices of the Chinese Communist Party's flagship newspaper, the People's Daily) mocks the Trump administration publishing an article stating "There is really no need for China to waste time until the US takes substantial actions. But if the US wishes to engage with China, at this stage, it is not necessarily a bad thing for China either. [...]. Moreover, judging from the current game, China remains calm and clear-headed, always firmly in control of the initiative in both dialogue and confrontation".

 

Adds The South China Morning Post (a daily newspaper published in Hong Kong and subject to the strict scrutiny of the Chinese Communist Party) "Trump’s claims that trade negotiations are under way have been repeatedly denied by Beijing, including most recently on Monday when Chinese Foreign Ministry spokesman Guo Jiakun said “there have not been any calls between the two presidents recently”."

"Treasury Secretary Scott Bessent told ABC News last week that engagement with Beijing continued, then suggested that China’s denial was intended for its domestic audience.

“I think they’re playing to a different audience,” Bessent said. “We have a process in place and, again, I just believe these Chinese tariffs are unsustainable."

"Last week, Chinese Finance Minister Lan Foan criticised the trade war during a Group of 20 ministers meeting in Washington. But Lan concluded his trip without an official dialogue with any US counterparts."

"Last week, The Wall Street Journal reported that the Trump administration was considering reducing tariffs on some Chinese imports to a level of 50 per cent to 65 per cent."

 

In the meanwhile, the Chinese Ministry of Foreign Affairs published the video below as a message intended primarily to the foreign audience in all countries hit hard by Trump's tariffs.

 

That Trump, a wannabe master of the deal, has put himself against the wall is, at this point, an understatement.

 

https://www.washingtonpost.com/politics/2025/04/30/trump-economic-policies-criticized/

https://www.globaltimes.cn/page/202505/1333227.shtml

https://www.scmp.com/news/china/diplomacy/article/3308635/trump-believes-good-chance-china-trade-deal-us-envoy-says-no-talks-under-way

 

 

 

[jerrymahoney]

And Mr. Trump says Not Me!

[Tug]

Poor poor Donnie every body is picking on him blubber blubber……you own it along with the rest of the folks that elected you…..the rest of us just have to survive it and fix it once you are gone.just like last time.

[candide]

As predicted three months ago: Trump whining and blaming others! 

[Yagoda]

https://www.google.com/amp/s/amp.cnn.com/cnn/2025/04/30/business/china-pmi-factory-activity-tariffs-hnk-intl