Xi Jinping’s defiance against Donald Trump paid off for China: Report
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Introduction:
The news topic “Xi Jinping’s defiance against Donald Trump paid off for China: Report” has drawn international attention, with various media outlets providing diverse insights, historical context, political stances, and on-the-ground developments. Below is a curated overview of how different countries and media organizations have covered this topic recently.
Quick Summary:
- The US and China announced their decision to lower tariffs on each other’s products for a period of 90 days. Following two days of high-level talks in Switzerland’s Geneva, a joint statement said that the combined US levies of 145 per cent on most Chinese imports will be reduced by 30 per cent. The deal provided some much-needed relief for American markets as well as for Trump as the dollar and stocks went soaring, while Chinese equities also saw an uptick. The elevated “reciprocal” tariff, which Trump set up for China at 34 per cent, has been suspended, leaving Beijing with the same 10 per cent levy that applies to the UK. At the talks in Geneva, the two sides agreed to take “aggressive actions” to curb the flow of fentanyl, which could subsequently result in the elimination of the extra 20 per cent tariff.
- Xi struck a defiant tone ever since Trump began raising US tariffs to their highest level in a century. In contrast to other world leaders, he refused Trump’s repeated calls to get on the phone with the US president. After two days of high-stakes talks in Switzerland, trade Negotiations between the US and China reached a deal. The elevated “reciprocal” tariff for China, which Trump set at 34% on April 2, has been suspended. The dramatic reduction exceeded expectations in China, and sent the dollar and stocks soaring — providing some much-needed market relief for Trump, who is facing pressure as inflation looks set to speed up at home. The two sides agreed to take “aggressive actions” to stem the flow of fentanyl, which could eventually lead to the elimination of the additional 20% tariff.
- The U.S. slashed duties on Chinese products to 30% from 145% for a 90-day period. Beijing dropped its levy on most goods to 10%. The dramatic reduction exceeded expectations in China. It sent the dollar and stocks soaring — providing some much-needed market relief for Trump.
Country-by-Country Breakdown:
Original Coverage
The US and China announced their decision to lower tariffs on each other’s products for a period of 90 days. Following two days of high-level talks in Switzerland’s Geneva, a joint statement said that the combined US levies of 145 per cent on most Chinese imports will be reduced by 30 per cent. The deal provided some much-needed relief for American markets as well as for Trump as the dollar and stocks went soaring, while Chinese equities also saw an uptick. The elevated “reciprocal” tariff, which Trump set up for China at 34 per cent, has been suspended, leaving Beijing with the same 10 per cent levy that applies to the UK. At the talks in Geneva, the two sides agreed to take “aggressive actions” to curb the flow of fentanyl, which could subsequently result in the elimination of the extra 20 per cent tariff. Read full article
Xi Defiance Pays Off as Trump Meets Most China Trade Demands
Xi struck a defiant tone ever since Trump began raising US tariffs to their highest level in a century. In contrast to other world leaders, he refused Trump’s repeated calls to get on the phone with the US president. After two days of high-stakes talks in Switzerland, trade Negotiations between the US and China reached a deal. The elevated “reciprocal” tariff for China, which Trump set at 34% on April 2, has been suspended. The dramatic reduction exceeded expectations in China, and sent the dollar and stocks soaring — providing some much-needed market relief for Trump, who is facing pressure as inflation looks set to speed up at home. The two sides agreed to take “aggressive actions” to stem the flow of fentanyl, which could eventually lead to the elimination of the additional 20% tariff. Read full article
Xi defiance pays off as Trump meets most China trade demands
The U.S. slashed duties on Chinese products to 30% from 145% for a 90-day period. Beijing dropped its levy on most goods to 10%. The dramatic reduction exceeded expectations in China. It sent the dollar and stocks soaring — providing some much-needed market relief for Trump. Read full article
Global Perspectives Summary:
Global media portray this story through varied cultural, economic, and political filters. While some focus on geopolitical ramifications, others highlight local impacts and human stories. Some nations frame the story around diplomatic tensions and international relations, while others examine domestic implications, public sentiment, or humanitarian concerns. This diversity of coverage reflects how national perspectives, media freedom, and journalistic priorities influence what the public learns about global events.
How did your country report this? Share your view in the comments.
Sources:
- Original Article
- Xi Defiance Pays Off as Trump Meets Most China Trade Demands
- Xi defiance pays off as Trump meets most China trade demands
Source: https://www.hindustantimes.com/world-news/how-xi-jinpings-stance-helped-china-get-nearly-all-of-its-core-demands-with-us-trade-deal-tariff-war-donald-trump-101747099888234.html