Little about China: There are more and more signs that Donald Trump is becoming friendlier towards the countrywho has been attacking for a long time – says Axios. In his inaugural speech he didn't talk much about China. He only mentioned them in the context of the Panama Canal. According to Trump USA they have to take it from Panama because it is controlled by China.
Trump won't start a trade war: This is surprising because during his first term of office, TTrump started a trade war against China and now he promised to do the same. He announced recently that will impose a 10% tax on goods from the Middle Kingdom. customs duties. Meanwhile, according to the media, Trump will not start his campaign for now governments from termination new one trade war with China.
Will Trump go to China? Nay. Trump reportedly plans to visit China early in his term. It is also expected to issue an implementing regulation delaying enforcement of the TikTok ban in the USwhich owner is the Chinese ByteDance. The move allowed TikTok to restart its service after a brief shutdown – the app later praised Trump, a the TikTok boss was seen at the inauguration of the 47th US president.
Chinese vice president met with Musk: Chinese state media, in turn, noted that Chinese Vice President Han Zheng met with Elon Musk on Sunday. He also attended Trump's swearing-in ceremony. “There's definitely a softer tone towards China,” says Lu Zhou, CEO companies Vanquor investment company, which also expressed hope for a “more pragmatic approach” by Trump towards Beijing.
“He will skillfully implement customs duties”: Experts emphasize, however, that this softer approach to China does not mean that Trump has completely given up tariffs. “Some of Trump's advisers would like to clearly limit the scope and size of these tariffs” – wrote Paul Ashworth from Capital Economic today. However, he added that Trump will remain adamant. In turn, Lu Zhou believes that the US president “will skillfully implement certain tariffs on China“to please the Americans and at the same time not upset some Chinese officials.”
See also: TikTok is back in operation in the United States. “TikTok is back in operation in the US. 'Thank you President Trump'.
Source: Axios