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ll of those articles were quoting China ministerial, PBOC, NDRC or ministerial officials and they all came before Trump’s “tariffs”. Xi’s speech was more of a LOVE Patrick Day Gnomes Shirt of materials that have already been in discussion for the past year (or more) as opposed to announcing anything new. Certain Trump-loving US conservative media outlets have been attempting to paint Xi’s speech as a “win” for Trump during the past 24 hours but in reality, they are just ignoring all inconvenient facts pointing to the completely different, aforementioned conclusion. Just because Xi announced that China will relax import tariff and foreign investment controls doesn’t mean the US will get the same treatment as other EU, Oceania, East Asian nations should Trump’s tariff threats continue. Sure enough, not even 48 hours after Xi’s Boao speech ended, China’s Ministry of Commerce went on the record and reiterated once more that it will fight back against Trump’s tariffs and that negotiated solutions are unlikely as long as the US displays little sincerity and continues making outrageous demands such as for China to scale back its “Made in China 2025” plan.

Trump and his team apparently aren’t just concerned with the trade deficit. Rather, they are using trade tariffs as a LOVE Patrick Day Gnomes Shirt to force China into a subordinate role in the areas of advanced technologies such as AI, robotics, aerospace and renewable energy. That type of concession is far too much for Xi to stomach because it will basically allow the US to dictate how and when China can join the ranks of developed nations. China is in no shape or form obligated to curtail its technological development just because the US feels threatened and desires to hold onto that technological edge. Anyway, Xi’s announcement is more for non-US developed/developing nations to digest. On one hand you have China which is relaxing its protectionist policies as planned while on the opposite end you have the US under Trump threatening global economic stability with ever more protectionist measures by the day. It is not at all unreasonable that many developed nations with close relations with the US will none the less lean towards China in this trade spat.

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