President of China Xi Jinping has been secretly worried for the past few months that his country’s global impact as one of the world’s biggest economies could end since President Donald Trump returned to his elliptical office.reported Wednesday by the Wall Street Journal.
Shortly after Trump’s 2024 presidential election victory, XI instructed its advisors to look into the Cold War competition between the US and the Soviet Union, due to concerns that China could be segregated during that period. I said WSJ. Chinese leaders report increasingly worried that Beijing’s economy could become more secluded due to new trade restrictions and sanctions from the US.
The report comes amid growing geopolitical tensions between the US and China as Trump moves to reduce US dependence on foreign countries as part of his broader “America First” agenda. On Tuesday, Trump doubled the 10% tariff he had I was imposed China’s imports in February too Collection A 25% tariff on imports from Mexico and Canada is working to combat the flow of dangerous drugs and illegal immigration in the US
(Photo: Thomas Peter-Pool/Getty Images)
China is currently catching up behind the US as the second in the world maximum economy. In particular, Beijing has faced major economic hurdles over the past few years, including an ongoing real estate market crisis and an increase in national debt.
Furthermore, Beijing’s growing global influence under Xi’s leadership has led to growing concerns in recent years about China, a threat to US national security. (Related: Exclusive – GOP lawmakers urge the Coast Guard to protect ports run by the “Chinese Military Company”)
Since Trump returned to his oval office, various major companies and foreign companies have pledged to invest a significant amount in the US over the next few years. Relatedly, there have also been various reports that since Trump’s election victory, some companies have decided to move production from abroad to the US.
During his first term, Trump imposed various new tariffs and trade restrictions on China, and launched a trade dispute between the two countries.
A spokesman for the Chinese Embassy did not immediately respond to a request for comment from the Daily Caller News Foundation.
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