Trump's Trade Deals Corner China, U.S.-China Relations De-escalate
President Trump's recent trade deals with Australia, Japan, Vietnam, Malaysia, Cambodia, and South Korea have introduced strict regulations on Chinese trans-shipping, aiming to limit China's influence. The future of U.S.-China relations remains uncertain, with possibilities ranging from cooperation to managed de-coupling.
During his Southeast Asian trip, President Trump used these trade deals to corner China, imposing high tariffs if it fails to honour its commitments. He rates his meeting with China's Xi Jinping as exceptional, with the Chinese president agreeing to stop fentanyl trafficking. However, U.S.-China relations are de-escalating, with Chinese tariffs set to decrease from 57% to 47%.
The U.S. has also introduced regulations in trade deals with Thailand, Cambodia, Malaysia, Japan, and South Korea to prevent Chinese exports of rare earth elements and manipulated trade practices. These deals, along with stockpiling efforts, have led China to halt its rare earth blackmail for a year. Despite this, U.S. Trade Representative Amb. Jamieson Greer will continue the 301-investigation into China's broken promises regarding the U.S.-China Phase One Trade Deal. China has a history of breaking promises, having previously failed to stop fentanyl trafficking seven years ago.
President Trump's trade deals have introduced strict regulations on Chinese trans-shipping and rare earth exports, limiting China's influence. While U.S.-China relations are de-escalating, the U.S. remains vigilant, with the 301-investigation ongoing due to China's history of broken promises.
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