Xi Is Better Prepared for Trump Even as 60% Tariffs Risk Chaos

Donald Trump and Xi Jinping.
Photographer: Qilai Shen/Bloomberg

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By Bloomberg News

November 6, 2024 at 11:45 AM UTC

Updated on

November 7, 2024 at 5:26 AM UTC

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When Donald Trump first started a trade war with China in 2018, Beijing found itself on the back foot and unsure of how to respond. This time President Xi Jinping is better prepared for a fight, even as he has more to lose.