washington
Donald Trump, who was intent on cracking down on China till his swearing-in, has suddenly changed his mind. Now Trump has postponed this decision for now. It is being told that the reason behind this is the call of Chinese President Xi Jinping. At the same time, this sudden change in Trump’s attitude is also being seen as his move. Let us tell you that Chinese President Jinping had called Trump before the swearing-in, in which he had asked to send his Vice President to the ceremony. Let us tell you that after taking oath on Monday, Donald Trump took many important decisions. In this, he made China listen even after withdrawing from WHO.
It is said that Trump has taken this decision very thoughtfully. Bloomberg quoted sources as saying that he wants to win with Jinping not by fighting but through negotiation. In return, he is looking to make some more deals with China. Trade taxes may be decided in the coming weeks, but the Trump administration’s decision has provided immediate relief to Chinese companies. These Chinese companies were afraid that Trump would impose tax burden on China as soon as he becomes president. Quoting people with knowledge of the decision, Bloomberg has warned that sometimes Trump suddenly changes his strategy. Later he again goes ahead with his original plan.
immediate relief
Looking at Trump’s decisions, it was believed that he could impose tax on imports from China. However, this decision was missing from the list of his executive orders. Let us tell you that during the presidential election campaign, Donald Trump had talked about imposing 10 to 20 percent tax on total imports from China. At the same time, there was talk of imposing this tax on Chinese products up to 60 percent. At the same time, Trump had talked about imposing a 25 percent tax on goods coming from Canada and Mexico.
Trump has instead directed federal agencies to review unfair trade practices globally. He has also given a special instruction to the American administration. It states how his performance has been in the trade deal signed with China during his first tenure in the White House. During his presidency between 2017 and 2021, Trump signed a Phase One deal with China.
