Essayer OR - Gratuit
Xi Fights Trump's Tariffs With Global Charm Offensive
Mint Bangalore
|April 18, 2025
President Trump has sparked conflict with trading partners around the world with threats of stiff new tariffs on their goods.
In response, Chinese leader Xi Jinping is now seeking to exploit those tensions and peel countries away from the U.S. But he must first overcome deepening concern about Beijing's own aggressive trade practices.
Xi, facing the steepest U.S. tariffs, is heading a campaign to strengthen partnerships in Europe, Latin America and, with his first trip out of the country since Trump took office, in China's own Asia backyard. The message from Xi and his government is that China is a force for stable trade, positioning Beijing as an antidote to Trump.
To make that pitch convincing, Xi will have to get past longstanding trade and security conflicts with countries that are heavily invested in their relationship with the U.S. Many leaders are cautious about being seen as too close to one side or the other—and fear being trampled by both.
China "is reinforcing ties with third parties struggling to deal with the U.S.-China power play, particularly the Southeast Asian nations," said Zhao Minghao, a professor of international studies at Fudan University in Shanghai.
"Beijing believes it has advantages in its neighboring region and Trump's volatile policy is harming America's credibility and soft power in Asia."
Xi's push comes against a backdrop of tensions between China and much of the world. Cheap Chinese goods have flooded markets in many countries, some of which have responded with tariffs and antidumping actions.
In Europe, officials say China hasn't delivered on pledges to address trade irritants, making them wary of any effort to significantly improve commercial ties. The European Union has pushed to diversify supply chains to reduce dependence on Chinese exports. Last year, Europe—worried about the impact of Chinese cars on its vital auto industry—put tariffs on Chinese electric vehicles.
Cette histoire est tirée de l'édition April 18, 2025 de Mint Bangalore.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Bangalore
Mint Bangalore
COP-30: Use carbon trading to win climate leadership
An efficient and credible carbon market can give India a chance to lead a global agenda that's fair to everyone
3 mins
September 15, 2025
Mint Bangalore
Hiring executive assistants to strike work-life balance
EAs are not just for top bosses anymore. Many more people are shelling out for assistants to help balance their lives
3 mins
September 15, 2025
Mint Bangalore
How fake paparazzi events fuel brand buzz across India
Strategy is to set up scenes looking spontaneous, with the paparazzi capturing the moment
2 mins
September 15, 2025
Mint Bangalore
ATM firm Indial's founder takes strategic role amid banktech push
Indial Payments, the largest white-label ATM operator in the country, is undergoing a leadership transition as it pivots towards digital services by launching a banking technology arm to offset sluggish ATM growth in India.
2 mins
September 15, 2025
Mint Bangalore
To curb smokeless tobacco use, India targets 100 high-burden districts
Consumption of smokeless tobacco, a leading cause for cancer, remains one of India's biggest public health challenges, with more than one in five people using such products.
2 mins
September 15, 2025
Mint Bangalore
Mercedes Expects Best Festive Season
The recent GST rate cut is likely to make the upcoming festive season the 'best-ever' for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes-Benz India managing director and chief executive officer Santosh Iyer said.
1 min
September 15, 2025
Mint Bangalore
Yuan versus the dollar: Propose a third option
As China attempts to globalize its legal tender; America guards the supremacy of its own and digital currencies gain traction, India should revive Keynes' idea of a global trade currency
2 mins
September 15, 2025
Mint Bangalore
US, Chinese officials hold talks in Spain
US and Chinese officials began talks in Madrid on Sunday on their strained trade ties, a looming divestiture deadline for Chinese short video app TikTok and Washington's demands that its allies place tariffs on China over its purchases of Russian oil.
1 min
September 15, 2025
Mint Bangalore
The Man, The Policies: What Makes Modi Special
The prime minister wants India's strong presence in the emerging new global system
3 mins
September 15, 2025
Mint Bangalore
Will We Disprove Yes Minister With Pension Reforms?
In Yes Minister, a TV satire on British politics, Sir Humphrey often stymied urgent reforms by setting up ‘interdepartmental committees.’
3 mins
September 15, 2025
Listen
Translate
Change font size