Trump eases up on China

Published On Jan 3, 2025, 6:00 AM

Donald Trump is showing signs of softening his stance toward China as he prepares for his second term as president. Previously known for proposing high tariffs on imports from China and wanting to ban TikTok due to national security concerns, Trump now hints at a more conciliatory approach. He opposes a law that would require TikTok's parent company, ByteDance, to sell its interests to a non-Chinese entity. Additionally, he suggests he could ease tariffs if China takes action against fentanyl shipments. This shift in rhetoric may signal a new strategy towards trade relations with China, which could impact various sectors in the market.