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Will the #foreignpolicy of the #USA during President #DonaldTrump’s second term vary from that of his first term? What might be the constraints on Trump’s international choices and strategies? Will the second #Trump administration pursue a sustained counterbalancing of #China?… https://t.co/Unu9P62e9K
As the incoming U.S. president is set to go big on economic nationalism, is China ready to brace for "Trump Tariffs 2.0"? Click to learn more about the future of China-U.S. trade: https://t.co/m1ec2JUJid
Chinese officials and ordinary people are hopeful but on edge as Donald Trump returns to the White House, eager to avoid a repeat of the bruising trade war that drove a wedge between the economic superpowers during his first term https://t.co/xoMCaqverh
As Donald Trump prepares for his second term as U.S. president, China is experiencing heightened economic anxiety amid fears of renewed trade tensions. The People's Bank of China (PBOC) has held benchmark interest rates steady, which is putting pressure on the USDCNH exchange rate. A devalued yuan poses challenges for the central bank, although Chinese authorities have indicated plans for looser monetary policy in 2025 to stimulate growth. Observers note that China is more vulnerable now than during Trump's first presidency, with a weaker economy increasingly reliant on exports. The potential for new tariffs, reminiscent of the previous trade war, has Chinese officials and citizens feeling both hopeful and apprehensive about the future of U.S.-China relations.
