The tariff crisis Trump's tariff policy

China's strategy against Trump: Hit hard with small concessions

To meet Donald Trump, China has adapted its strategy, writes the Wall Street Journal. The motto is: hard pressure, small concessions.

It is about offering symbolic compromises, such as Tiktok, and at the same time hitting back in economic areas where the US is trying to pressure China. Most recently, this concerned restrictions on rare earth metals.

- He (Xi Jinping, editor's note) knows that Trump wants a good relationship with him and respects strength, not concessions, says Kurt Campbell, chairman of the Asia Group, to the WSJ.

The countries will meet next Thursday during the Apec summit in South Korea. The ongoing “truce” in the tariff war between the countries expires on November 10

Analysis: China wins the trade war against the US

Despite Donald Trump’s threats of higher tariffs and export controls, China has proven more resilient than the US, writes The Economist ahead of the summit between the countries in South Korea next week.

The newspaper proclaims China the winner of the trade war. “China has learned to escalate and retaliate as effectively as the US,” writes the newspaper. At the same time, they are experimenting with “extraterritorial trade rules, thereby changing the world economy.”

Zhiqun Zhu, professor of political science and editor-in-chief of China and the World, is skeptical about the meeting.

“The structural competition between a rising power and a dominant power means that tensions will always exist in the relationship between the US and China,” he writes for The Hill.

Trump stops talks with Canada – is angry about advertising

Donald Trump announces that all trade talks with Canada are immediately suspended.

In a post on Truth Social, the US president claims that Canada has promoted a fake commercial in which Ronald Reagan speaks negatively about tariffs.

"Tariffs are critical to the national security and economy of the United States. Due to Canada's egregious behavior, all trade negotiations with that country are hereby terminated," Trump wrote.
 

Tariff crisis  US-China relations
Trump on Xi meeting: “It’s going to go very well”

US President Donald Trump is optimistic about his meeting with Chinese President Xi Jinping next Thursday during the APEC summit in South Korea.

– I think it’s going to go very well for us and that everyone is going to be very happy, says Donald Trump, according to Bloomberg.

The ongoing “truce” in the tariff war between the countries expires on November 10. Trump says that direct talks with Xi are the best way forward – but at the same time threatens new tariffs if China does not ease its export restrictions.