Trade Tensions Ease, but New Warning Emerges
- The United States and China recently took steps to ease trade conflict between the two. It seemed like finally things had started to relax between these two, until a warning was issued now to China from former U.S. President Donald Trump.
- Trump recently said that Xi Jinping and the people of China knew well that any military attack on Taiwan would entail dire consequences. The statement comes in the wake of his recent visit to Asia.
Trump's Response on Possible U.S. Involvement
Asked if the U.S. military was ready to defend Taiwan against the Chinese, Trump refused to go into detail: "I can't tell you. If it happens, everybody will know. They said nothing will happen during my presidency because they know."
Crucial Meeting between Trump and Xi Jinping
Very recently, Trump had a meeting with Xi Jinping in South Korea and captured the attention of the entire world. Both the leaders remained behind closed doors for about two hours to discuss big economic and security topics. After this meeting, Trump did make a couple of key announcements on U.S.-China relations.
Trade Announcements and Economic News
- Trump announced a 10 percent reduction in tariffs on Chinese goods. The president added that progress had been made to resolve the issue of rare earth minerals, confirming the exports from China to the U.S. would continue uninterrupted. Trump said he was optimistic a broader trade agreement with China could soon be reached.
- Mixed Signals After Positive Developments While the earlier statements by Trump were on cooperation and progress, the latest comments are a strong warning to Beijing. This speaks to ongoing strategic caution between the two powers, even as trade negotiations appear to move forward.
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