Chinese President Xi Jinping has made a surprising olive branch to Donald Trump, warning against fighting a “new Cold War” in the US-China trade dispute. In his final meeting with Joe Biden, Xi emphasized that China wants cooperation with the US and is open to finding common ground. However, Beijing remains cautious about imposing 60% tariffs on American goods if Washington doesn’t back down on its trade demands.
Source: https://www.bloomberg.com/news/articles/2024-11-17/xi-s-olive-branch-to-trump-comes-with-warning-on-china-red-lines