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President of China, Xi Jinping congratulated Donald Trump on his victory in the US presidential election and called on both countries find the “right way to get along” as looming US tariffs threaten to send them back to the trade war of years ago.
Stable, strong and resilient relationship between China and the United States serve the interests of both, Xi Jinping said on Thursday, adding that the international community hopes the two powers “respect each other (and) coexist peacefully.”
Xi Jinping also advocated strengthen dialogue and communication resolve disagreements.
Relations hit rock bottom in recent years after several clashes over issues ranging from trade and security to the future of Taiwan and the South China Sea, and only began to improve in November 2023 after four-hour meeting between Xi Jinping and President Joe Biden.
Trump’s victory could revive the problems of his first presidency, when he began bloody trade war with the second world economy in 2018, although he negotiated a truce shortly before the COVID-19 pandemic struck in January 2020.
The Republican, who promised to introduce tough tariffs, won back the White House with a major victory over Democrat Kamala Harris. in Tuesday’s election and will take office in January.
Xi Jinping’s congratulatory message to Trump was more moderate than when the American won the election for the first time in November 2016
At this time, Xi Jinping called for “further progress in China-US relations.” from a new starting point,” saying that both economies must take responsibility in areas such as world peace and stability, global development and prosperity.
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However, in an editorial on Wednesday, the state newspaper ChinaDaily described Trump’s second presidency as potential “new beginning in relationship” between China and the United States if this opportunity is not missed.”
According to the newspaper, American Policy and Misconceptions about China created problems for the relationship.
Photo: Reuters
“A pragmatic approach to bilateral relations “It is very important to overcome the complexities of global problems,” he added.
Biden Administration didn’t destroy Trump’s trade policy and continued to attack China’s state-owned industrial practices.
In September he introduced strong increase in tariffs on Chinese importssuch as 100% tariffs on electric vehicles, 50% on solar cells and 25% on steel, aluminum, EV batteries and key minerals, in an attempt to protect strategic American industries.
But Trump’s threat introduce a 60% tariff on imports from the USA Chinese products pose a significant risk to China’s economic growth.
There would be a lot of them higher than the 7.5–25% set in his first term, And they come at a much more vulnerable time for the Chinese economy, which is struggling with a slump in the real estate sector, local government debt burdens and weak domestic demand.