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Trump tests Xi Jinping's appetite to play ball with early tariff threat

Business Standard LogoBusiness Standard7h ago

Trump tests Xi Jinping's appetite to play ball with early tariff threat - Business Standard

Quick Summary:

Donald Trump fired an opening shot in his tariff battle with Beijing by promising an additional 10 per cent levy on Chinese goods.

China will likely respond cautiously at first to Trump’s threats, until it gets a better sense of the balance between Trump’s taste for confrontation and dealmaking in his second term, according to Thomas.

China has already tread carefully in recent times, refusing to be drawn on its preferred candidate during the November elections for US president for fear of being seen as interfering in domestic politics of another country and risk becoming a target itself of Trump’s ire.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 14:55:04 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 829 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23884651

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 302 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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