Xi Dodges Early Trump Tariffs, Buying China Time to Influence US
- Republican skips committing to plan to punish Beijing on trade
- Reprieve is likely short lived, as tensions linger on exports
Xi Jinping
Source: Bloomberg
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For President Xi Jinping, the stage was set for an explosive start to Donald Trump’s presidency, after he campaigned on a promise to punish China with tariffs. Instead, the American leader’s first day back in office bought Beijing some unexpected breathing room.