Trump Holds Off on Immediate China Tariffs, Calls for Study

Posted by IHateTrains123

11 Comments

  1. IHateTrains123 on

    Archived version: [https://archive.fo/lIUSe#selection-1333.0-1339.58](https://archive.fo/lIUSe#selection-1333.0-1339.58)

    * Incoming US president has moderated China tone in recent weeks
    * He’s voiced a desire to travel to China in his second term

    >President-elect Donald Trump is not expected to unveil China-specific tariffs on his first day in office, as the incoming administration has pivoted toward starting his second term with potential engagement with Beijing rather than another trade war, according to people familiar with the plans.

    >The decision not to immediately target Beijing on Monday reflects a shift by the incoming president into a negotiating mode and an eagerness to cut another deal with Chinese President Xi Jinping, one of the people said.

    >[…]

    >The people cautioned, though, that Trump often quickly changes his mind on strategy and could decide again to push forward with his original plans to target China.

    >The Trump transition team did not respond to a request for comment.

    >The Wall Street Journal earlier Monday reported that the new administration plans to issue a memorandum asking federal agencies to study existing policies and trade ties with China, Canada and Mexico — but stops short of calling now for new tariffs on the three biggest US trading partners. That suggests a more deliberative approach than the fiery rhetoric about tariffs Trump offered during his election campaign last year, the paper said.

    >The [dollar fell sharply](https://www.bloomberg.com/news/articles/2025-01-20/dollar-slips-in-thin-trading-hours-before-trump-s-inauguration) on the Journal’s report.

    Further reading:

    [China stocks cautiously higher after Trump delays tariffs | Reuters](https://www.reuters.com/markets/asia/china-stocks-cautiously-higher-after-trump-delays-tariffs-2025-01-21/)

    [Draft Trump trade memo targets US trade deficit, China purchases of US exports | Reuters](https://www.reuters.com/markets/asia/china-stocks-cautiously-higher-after-trump-delays-tariffs-2025-01-21/)

    !ping China&Containers

  2. One_Emergency7679 on

    Lmaoooo the ol tariff your partners and allies but not your adversaries move. Classic and productive

  3. And he isn’t going to set tariffs on Canada or Mexico either. He’s trying to look like he’s bullying them into fixing the border and then he’ll declare victory.

  4. But I was told this guy was going to be tough on China and stand up for Taiwan?

    Fell for it again award

  5. mackattacknj83 on

    All these countries can just directly bribe him, I’m guessing only China figured that out

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