Trump tariffs live updates: Trump says US and China are discussing a deal

President Donald Trump announced Wednesday morning that Japanese officials would be coming to the United States to negotiate tariffs and "trade fairness" today. Trump said he will be attending the meeting.

"Hopefully something can be worked out which is good (GREAT!) for Japan and the USA!" Trump wrote on his social media platform Truth Social.

The White House previously indicated that the president would be in on the negotiations alongside Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.

A representative of China's Ministry of Foreign Affairs said the country has taken "completely reasonable and legal" steps to protect itself against U.S. President Donald Trump's tariffs.

"There is no winner in the tariff war and trade war," ministry spokesman Lin Jian told reporters in Beijing on Wednesday. "China is unwilling to fight, but it is never afraid to fight."

Lin's response followed a question by a reporter about the most recent figures published on the White House's website, which says tariffs on Chinese goods may be up to 245%.

In a fact sheet published Tuesday, the White House said China faces duties that high "as a result of its retaliatory actions."

"China has repeatedly clarified its strict position on the tariff issue," Lin said on Wednesday. "This tariff war was initiated by the United States, and China has taken necessary countermeasures to safeguard its legitimate rights and interests and international fairness and justice, which is completely reasonable and legal."

White House press secretary Karoline Leavitt repeated claims that 75 countries have reached out and said, without providing further details, that it "had more than 15 deals, pieces of paper put on the table, proposals that are actively being considered."

"We do believe that we can announce some deals very soon," she said.

In a Tuesday social media post, President Donald Trump claimed he will protect farmers and said he recognizes he had to support them financially during his first administration after they were hit by a trade war with China.

"China was brutal to our Farmers, I [told] these Patriots to just hold on, and a great trade deal was made," the president claimed.

He encouraged farmers to hold on, saying he will protect them, and bashed former President Joe Biden, claiming China had "ZERO" respect for his administration.

He also acknowledged that China has halted Boeing jet deliveries as part of the tit-for-tat trade war.

-ABC News' Kelsey Walsh