Stung by Iran war, Trump heads to China in need of wins
Trump seeks a limited trade truce and China’s help on Iran as the talks come after tariffs and sanctions strained ties.
- President Donald Trump departs for Beijing on Tuesday for a summit with President Xi Jinping, downplaying differences over Iran by asserting the conflict is "very much under control."
- Trump has unsuccessfully pressed Beijing to use its leverage to prod Tehran to end the more than 2-month-old war, particularly the closure of the Strait of Hormuz.
- On Friday, the State Department sanctioned four China-based firms for providing imagery enabling Iranian strikes. Kuwait separately accused Iran on Tuesday of dispatching Revolutionary Guard personnel to attack an island hosting a China-funded port project.
- Beijing appears reluctant to intervene, sending a "subtle message of discontent to Iran" regarding the Strait's closure as both powers seek to avoid "dark economic clouds" from last year's trade war.
- The administration seeks to prevent Iran-related friction from overshadowing trade cooperation and fentanyl precursor controls, hoping to avoid a return to the 145% tariffs that previously threatened industrial stability.
172 Articles
172 Articles
Trump caught between Iran and a hard place ahead of Xi meeting
There will be a number of items on the agenda when the two most powerful men in the world — President Donald Trump and Chinese President Xi Jinping — meet in Beijing tomorrow, chief among them tech and AI. The president is bringing with him a roster of top business leaders, including Elon Musk, Nvidia’s Jensen Huang, Apple’s Tim Cook, Goldman Sachs’ David Solomon, Meta’s Dina Powell McCormick, BlackRock’s Larry Fink and Blackstone’s Stephen Schw…
Trump heads to China in need of wins
BEIJING — A year ago, U.S. President Donald Trump predicted that towering trade tariffs would bring America's main economic rival to heel.
It will be three days of political vertigo in Beijing. The most important summit of the year, predictably. And also the mourning of two Titans of opposing personality: on the one hand, the president of the United States, Donald Trump (79 years old), impulsive, short-termist, spontaneous; on the other, the Chinese autocrat, Xi Jinping (72 years old), serious, formal, orthodox and with the view set in the next decade, at least. Continue reading....
When the world's two most powerful leaders meet, one side is noticeably weakened. This could open the way for American concessions with far-reaching consequences. “China's dream scenario is to persuade the US to give up Taiwan,” says China expert Björn Jerdén ahead of the upcoming meeting between the US and Chinese presidents.
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