Next White House leader's complex China plans raise questions about future ties

After winning election **Trump** plans strict China approach but faces complex economic ties and business interests Its unclear how new policy will balance trade restrictions with US market needs

November 13 2024 , 01:26 AM  •  1480 views

Next White House leader's complex China plans raise questions about future ties

Donald Trumpʼs return to power brings up three key questions about US-China relations. The president-elect wants tough measures — but economic reality might get in the way

The first big issue is trade: Trump talks about 60% China tariffs and wants his trade-expert Robert Lighthizer back (who worked with him about 4 years ago). Some folks close to him want to cut all China ties‚ which seems hard since China is Americas biggest stuff-seller

  • Indonesia could make cheaper things
  • Vietnam might help too
  • But Trump wants 10-20% tax on everyone
  • Prices might go way up

Business ties make things tricky. Steve Wynn has money in Macau casinos‚ and Elon Musk — who watched election results with Trump — needs China for his Tesla cars: hes been nice to Beijing about stuff like Taiwan

Kind of pro-China

Elon Muskʼs statement about his position

The next question is about Taiwan defense. Mike Waltz‚ whos gonna be security advisor‚ and likely future Secretary Marco Rubio dont see eye-to-eye with Trump on this one; they care more about democracy while he thinks Taiwan isnt doing its part

Last summer a fun bike trend started in China — students rode 40-miles from Zhengzhou to Kaifeng for soup-dumplings. It got super-big (like 100k riders) but officials shut it down fast; they didnt like so many young people doing stuff together

Taiwan tried to get on Trumps good side right after election with a big arms deal idea — they want F-35 jets and missiles (worth about $15-billion). Meanwhile Chinese cops are looking into some insurance company problems: they grabbed some Evergrande Life Insurance big-shots