China 'ready to work' with Trump administration: Xi tells President Biden

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China 'ready to work' with Trump administration: Xi tells President Biden - Business Standard

Quick Summary:

Significantly, the meeting comes after Trump said that he would impose a 60-per cent tariff on Chinese goods, as well as general tariffs of 10-to-20 per cent on all imports.

As per The Hill, Chinese authorities don't want a trade war and are dedicated to maintaining the stability of global production and supply chains.

Donald Trump won a second term as President of the United States after securing 295 electoral votes in the 2024 presidential election, defeating Democratic rival Kamala Harris, who garnered 226 votes.