In the comments to Fox News, Trump cited the strength of his newfound relationship with President Xi Jinping in explaining why he has dropped his past criticism of China.
"Now, what am I going to do? Start a trade war with China while in the middle of him working on a bigger problem, frankly, with North Korea?" he said. "So, I'm dealing with China with great respect. I have great respect for him. Now, we'll see what he can do."
Despite tough talk on North Korea, Trump's options limited
"What am I going to do? In the middle of him talking with North Korea I'm going to hit them with currency manipulation? This is the fake media that just does a number," he said, speaking Monday on the sidelines of the annual White House Easter egg roll.
"Think of it. He's working so nicely. Many coal ships have been sent back, fuel has been sent back. They're not dealing the same way. Nobody's ever seen it like that. Nobody's ever seen such a positive response on our behalf from China."
The turning point in Trump's relationship with China appears to have come when he met with Xi at his Mar-a-Lago estate in Florida on April 6-7.
N Korea ready to react to any mode of war from US: envoy
During the US presidential campaign, Trump harshly attacked Beijing as a currency manipulator and threatened to slap 45 percent tariffs on Chinese imports.
Since taking office, however, US tensions with North Korea have soared amid a drumbeat of missile tests and fears Pyongyang may be readying a sixth nuclear test.
US experts believe that only China has sufficient economic and political leverage to restrain Pyongyang's drive to develop a long-range missile capable of hitting the US mainland with a nuclear warhead
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