Donald Trump unexpectedly postponed his decision to impose new tariffs against China and delayed the ban on the popular TikTok app, sparking speculation about a potential rapprochement in trade relations, News.bg reports.
In his inauguration speech, Trump noted that the tariffs would make the US "devilishly rich", but left the door open for negotiations, including the possibility of buying 50% of TikTok.
Risk and pragmatism in strategic relations with China
Despite his aggressive campaign during the previous term, Trump seems to be moving towards a less confrontational approach towards China. Negotiations for new trade terms face serious domestic political obstacles, such as the appointment of Marco Rubio as Secretary of State. China continues to struggle with economic difficulties, making the possibility of a new trade war unfocused.
Opportunities for negotiations and strategic convergence
Analysts emphasize that if pragmatism prevails in US-China relations, there is a chance for a positive outcome of the economic talks. The negotiations could lead to the lifting of certain trade restrictions imposed by the Biden administration. Trump, who sees himself as a pragmatic businessman, can avoid ideological confrontation and focus on US economic interests.