Even with many foreign -based sectors, China has so far refused offers to negotiate Donald Trump’s prices. The Chinese Central Bank asked the country’s leading government banks to reduce the purchases of the US dollar.
The second largest economy in the world is betting that the inflationary impact of definitions will wear the Donald Trump government. The fees should make American products expensive, as many of them depend on imported ingredients.
Another idea is to ban the import of birds and agricultural products such as soybeans, which are mainly from the Republican countries. The Chinese have other assets: the possibility of restrictions on Tesla, Elon Musk Electric Motion Automant, a senior Trump adviser. In China, Tesla has a lot of works.
China is also the second largest US debt creditor, and in recent days it has begun transferring the cabinet titles to the market. The movement prompted other investors to do the same – as a result, the lost roles had to rise – which increases the United States’ inability to practice.
His military technical cooperation with Russia is also preferred in the eastern country, as Trump is betting on Shi Jinping to help him obtain a peace agreement in the Ukraine war. Not to mention cooperating with China to prevent the flow of fentanel.
The factors that make Chinese officers believe that they can bring the US president to the negotiating table. Even the current race between the United States and China, through developing artificial intelligence, is difficult for the Chinese government to seek a break with the largest economy in the world.
On Wednesday, the World Trade Organization said that tensions can reduce trade between the United States and China by up to 80 %, which may lead to a long -term gross domestic product in approximately 7 %.