President Donald Trump said Sunday the United States wants to help China, not hurt it, striking a conciliatory tone days after threatening an additional 100 percent tariff on the world’s second-largest economy.

Trump’s statements on Friday as well as his threat to cancel a meeting with Xi later this month sent Wall Street stocks tumbling into negative territory as traders worried the trade war between Washington and Beijing could reignite.

“The U.S.A. wants to help China, not hurt it!!!” Trump said in Sunday’s post on Truth Social, adding that “respected President Xi (Jinping)… doesn’t want Depression for his country.”

Trump on Friday said that he would impose the extra levies from November 1 in response to what he called “extraordinarily aggressive” new Chinese export curbs on the rare

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