US President Donald Trump on October 12 sought to calm global concerns over rapidly deteriorating trade relations with China, saying the situation “will all be fine,” even as both sides issued sharp warnings and fresh retaliatory threats over tariffs and rare-earth export controls.

“Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!” Trump wrote on Truth Social. Advertisement

His remarks came shortly after Vice President JD Vance warned Beijing to “choose the path of reason” amid the latest escalation in the US-China trade standoff. Speaking on Fox News, Vance emphasized that the Trump administration “has far more cards than the Pe

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