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China eyes negotiations from high ground as Trump threatens new tariffs

The article from The Straits Times discusses China's strategic positioning in trade negotiations with the United States as President Donald Trump threatens to impose new tariffs. China is reportedly preparing for a prolonged trade war, aiming to negotiate from a position of strength. This approach comes in response to Trump's recent threats to escalate tariffs on Chinese goods, which he claims are necessary to pressure China into a more favorable trade deal. Chinese officials and state media have expressed confidence in their economic resilience, suggesting that China can withstand the pressure and is ready for extended negotiations. Meanwhile, there are indications that China might be looking to diversify its trade partnerships and reduce its reliance on the U.S. market, potentially using this as leverage in talks. The article also touches on the broader implications of the trade war, including its effects on global markets and the potential for a more fragmented global trade environment.

Read the Full The Straits Times Article at:
[ https://www.straitstimes.com/asia/east-asia/china-eyes-negotiations-from-high-ground-as-trump-threatens-new-tariffs ]