Trade tension heats up again
The talks in Paris ended with a clear warning. China said recent tariff measures promoted by Donald Trump could affect stability between the two giants.
The main reason? The Chinese representative, Li Chenggang, expressed concern about something specific. The new trade investigations that Washington initiated on manufacturing in other countries.
“The Chinese representative for international trade, Li Chenggang, expressed concern about the new trade investigations initiated by Washington”
This comes after the US Supreme Court invalidated Trump’s previous tariffs. A movement that seemed to open doors, but now others are closing.
A dialogue between clenched teeth
Both delegations discussed expanding tariffs and other measures. They talked about the risks of greater uncertainty in their economic relationship. But here’s the curious thing: they agreed on maintaining stability in rates.
Paris reflects the chronic tension between these powers. Where every unilateral decision by Washington has global repercussions. The Chinese authorities insist on cooperation and dialogue, despite the difficult outlook.
I’ve seen this script before. Promises of stability while new measures are prepared. What matters now is what happens after the diplomatic speech.
