Trump’s Shifting Stance on China: Praise for Xi Sparks Outrage and Confusion
Despite threatening to increase tariffs on Chinese goods by 10% as early as February 1st and launching investigations into harmful Chinese trade practices, President Trump expressed a desire for fair trade and a level playing field with China. He simultaneously asserted that his tariff threats hold significant leverage over China, a sentiment seemingly echoed by China’s recent willingness to negotiate and its positive market response to Trump’s comments. A recent phone call between Trump and Xi Jinping further suggests ongoing dialogue, although the details of the conversation vary slightly between the two countries’ accounts. Ultimately, the situation reveals a complex interplay of threats, conciliatory statements, and ongoing negotiations between the two nations.
John Q. Hosedrinker