Xi Jinping's power bolstered following clash with Donald Trump, noticeable in both domestic and international affairs.
Rewritten Article:
Donald Trump's phone call with Xi Jinping remains a mystery, as even his Treasury Secretary, Steve Mnuchin, has distanced himself from Trump's claims. The two world leaders seem locked in a trade standoff, with neither backing down. China, steadfast and strategic, waits to negotiate from a position of strength.
Read more | Subscriber exclusive article "Trump plays poker, Xi Jinping pulls a go move"
As the deadline approaches, Trump hinted at potential tariff reductions in an interview with NBC on May 4. Seemingly prepping for a U-turn, he suggested that continued tariffs could halt trade with China, who is eager to strike a deal.
Xi Jinping didn't initiate this trade dispute; instead, it was imposed by Trump in April when he decided to focus on China as a main adversary in the global market.
Major Concessions Trump May Pursue:
- Reduced Tariffs and Barriers Trump advocates for reciprocal tariff reductions with China, aiming to dismantle trade barriers and increase American goods' competitiveness in China's market.
- Direct Talks with Xi Jinping Trump prefers negotiating directly with Xi, bypassing regular diplomatic channels, which may lead to more significant commitments or high-profile diplomatic wins.
- Addressing Trade Imbalances Trump seeks to reduce the U.S.-China trade deficit by increasing U.S. exports to China, particularly in sectors like agriculture and manufacturing.
- Stronger Intellectual Property Protections While not the main focus of recent discussions, Trump wants China to cease intellectual property theft and forced technology transfers.
- Supply Chain and "Friendshoring" Trump pursues lessening America's dependence on Chinese supply chains by seeking China's agreement to support the relocation of supply chains to U.S. allies (friendshoring).
- Assurances on Strategic Exports Trump may want assurances that China won't weaponize strategic exports, such as rare earth elements, and could even seek favorable access to such resources.
Outlook:
Trump's tough negotiating stance and insistence on direct engagement have made progress challenging. China, on the other hand, seems unyielding and appears to be waiting for clarity on U.S. policy before making substantial concessions. Both nations continue to point fingers at each other for hindering negotiations.
- Impulsive decisions by President Trump, notably suggested tariff reductions, have been noted in a recent interview with NBC, potentially signaling a U-turn in his trade policy with China.
- In contrast to Trump's direct approach, Secretary Mnuchin has distanced himself from Trump's claims, adding an element of mystery to the ongoing negotiations between Trump and Xi Jinping.
- A key policy point in Trump's concessions involves reduced tariffs and barriers, aiming to increase the competitiveness of American goods in China's market, a point that has been discussed extensively in general news and politics.
- One of the major concessions Trump may pursue in his discussions with Xi Jinping is the elimination of intellectual property theft and forced technology transfers, a concern that has sparked interest in war-and-conflicts and policy-and-legislation discourse.
- As Trump continues to press for Trump's concessions, he is also reportedly seeking China's assurances that they won't weaponize strategic exports, such as rare earth elements, a matter of significant concern in general news.


