
The President of the United States Donald Trump has repeatedly expressed the openness of negotiations with Xi Jinping, more than a dozen times, because he began his customs war without the direct reaction of the Chinese President.
Instead, while the Chinese Ministry of Trade is dealing with Donald Trump’s movements, Xi Jinping addressed Europe, South Korea and Japan and Southeast Asia, which advocates “direct” trade agreements to remove “scaly” or “again, off”.
Instead of attaching to conversations with threats, China seems to be determined to prove that Donald Trump can survive longer than the US, according to Bloomberg.
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Negotiations between the US and China “distant”, says the report
Due to the mutual tariffs between the US and China, everyone reached 125 percent (Donald Trump announced a “temporary” exception for some electronics), China said the US was not responding to any other customs in the US and calling it “economically insignificant” but repeating that it would “fight until the end”.
Julian Evans-Pritchard, China’s economy at Capital Economics, told Bloomberg that China corresponding to the US tariffs shows that “they are not in a hurry to negotiate with Trump’s administration” and are likely to seek more than a “pause”. China emphasized “dialogue on the same basis and mutual respect” while corresponding to US tariffs, while Donald Trump is constantly increasing Ante, which could put $ 690 billion in the fire line.
Christopher Beddor, Deputy Director of China’s Research Director of Garkal Dragonomics, told Bloomberg that China “cannot get a consistent set of Trump’s administration requirements”, “difficult to negotiate” because the other party “does not say what they want.
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Donald Trump optimistic? Call Xi JinPing ‘Friend’…
In particular, Donald Trump repeated that his tariffs would bring China to the negotiating table. According to reports, it remains optimistic, boasts of countries “dies of agreement” and in the last week claims that Xi Jinping is a “friend” for whom he has “great respect”.
“China also wants to agree, but they don’t know how to start it. We’re waiting for their call. It will happen!” Donald Trump wrote about Truth last week.
Trump’s administration officials are equally zealous. The best economic advisor Kevin Hassett said his “only a matter of time” China bends “extreme” pressure from tariffs.
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What did Xi Jinping say about American tariffs?
Xi Jinping 11 April introduced its first public recognition of American tariffs and said that China is “not afraid of unfair suppression” and will focus on his “own way”. The statement has led to speculation that China will not negotiate, but instead uses this opportunity to reduce US dominance in global trade agreements.
Zhang Yuyan, director of the Institute of World Economics and Policy at the Chinese Academy of Social Sciences, criticized American policy in China as a “WHO necessarily” thinking, where a greater loss for “opponents” compared to the self is considered a “acceptable result”.
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Is Xi Jinping successfully pushed us, Donald Trump on a global stage?
Although the results are still visible, Xi Jinping actively advocates trade agreements that reduce the US for “mutual benefits”.
During his meeting with the Spanish Prime Minister Pedro Sanchez 11 April, Xi Jinping called for a 27-member European Union to “resist unilateral bullying together”, meet their international duties and cooperate to protect economic globalization and international business environment, according to the PTI report.
“There is no winner in the Customs War and it will only lead to the world. China and the EU are solid supporters of economic globalization and free trade,” Xi Jinping said in Spain.
Xi Jinping is also scheduled to meet with the best EU officials in July. While the agenda and other details are not out, if it continues in Donald Trump’s tariff, speculation suggests that the business topic would be a high priority.
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14th April began a tour to Southeast Asia, which will cover Cambodia, Malaysia and Vietnam. Vietnam is his first stop, and economists feel that ASEAN countries that have been rushing under Donald Trump’s tariffs would now be more receptive to Xi Jinping because they are looking for a more stable partnership.
Gregory Poling, which manages the Southeast Asia program at the center of strategic and international studies in Washington, said to Bloomberg: “Xi will no doubt find a more receptive audience than he had without tariffs.” Xi JinPing can try to reconcile trade and investment pot without much compromise in territorial disputes.
The sources told Reuters that China also ordered government officials to address and encourage other countries to “push” against Donald Trump’s tariffs. American allies such as the EU, Japan and South Korea were contacted, two sources said.
China also sent formal letters to government officials of other countries pushed by Donald Trump to engage in business negotiations, and the needs of “multipolarity”, added a report that quoted four sources. Some G20 countries were also used for a joint statement supported by a multilateral trading system, told the EU agency to Reuters.
The Chinese Ministry of Foreign Affairs and the Japanese and South Korean embassies at Washington DC did not answer Reuters’ questions immediately.
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Hold China’s “Trump” cards?
According to a report from the interview, China has a number of strategic tools for retaliation against the US. It dominates the global supply chain of a rare country (72 % of US imports) and can focus on US agricultural exports (10 % of poultry exports and nearly 50 % of soybean exports), except that they are involved in technical giants such as Apple Inc., Nvidia and Dell Technology.
Beijing believes that all can be used as a source of lever effect against Trump’s administration and has a strategic opportunity to push the American hegemony.
Alicia Garcia Herrero, the chief economist of Asia Pacific in Natixis, said to Bloomberg: “China still has a lot of lever effect, a lot. As shown below, the MEME below shows:
(With the entry from agencies)
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