China, Trump
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China, Australia and earth curbs
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President Donald Trump said on Monday he expects to reach a fair trade deal with Chinese President Xi Jinping and downplayed risks of a clash over the issue of Taiwan, even as his top trade negotiator accused Beijing of engaging in "economic coercion.
Earlier this month, President Trump threatened to impose an additional 100% tariff on imports from China starting next month.
Donald Trump has said he does not think China will invade Taiwan because of the strength of the US military and his own relationship with Xi Jinping.
Ambassador Jamieson Greer warns Beijing’s “economic coercion" won’t derail the Trump administration’s effort to rebuild U.S. manufacturing and secure key supply chains.
In Washington, China hawks say its economy is too weak to withstand a tariff shock. In the city of Yiwu, factories are showing why, for now, that may be a miscalculation.
D ONALD TRUMP rarely passes up an opportunity to praise Xi Jinping. Over the years, Mr Trump has regularly buttered up China’s leader, calling him “brilliant”, “perfect” and “fierce”, and averring that “there’s nobody in Hollywood like this guy.”
China, the world’s biggest importer of soybeans, has stopped buying U.S. crops to put pressure on Trump ahead of his trade-focused meeting with Xi Jinping.
Xi Jinping’s need to project strength before a crucial meeting of Communist Party leaders may help explain why Beijing announced new rare earth controls.
President Trump’s tariff leverage over China faces new strain as Beijing’s economy posts stronger-than-expected growth and diversifies exports.