US-China: Truce Or Calm Before The Storm? 🌩️
US-China Trade War
As we have previously reported, Trump vowed to fix China's "longtime abuse of the broken international system and unfair practices" when he ran for office. Since being elected, he’s steady increased tariffs on Chinese imports leading up to a collapse in talks in May that led to a swift increase in tensions, $200B in additional tariffs, a banning of technology sales to Chinese tech giant Huawei, and a threat of $300B in further tariffs.
Trump’s most recent threat of an additional $300B in tariffs was made to force Chinese President Xi Jinping to meet with him during the G20 this past weekend in Osaka. The two met for 80 minutes and announced the following: (1) the US would not impose an additional $300B in tariffs, (2) the US would lessen restrictions on technology sales to Huawei, and (3) both sides would restart trade talks. Details are still being released and it remains unclear if China made any concessions during the meeting.
Breitbart: Trump and Xi Agree to Resume Trade Talks
The right also reports the news of the “agreement” between the US and China, but take a markedly more positive tone about the future prospects of a deal. Language such as “the meeting went ‘far better than expected’” and “the trade talks were ‘right back on track’” are a few examples.
The left generally reported the news of the “timeout” between the US-China trade war, but were careful to qualify the news with a pessimistic outlook by casting doubts about a future successful deal.
Where's the common ground?
Both sides reported the main facts of the story: that the US and China agreed to resume trade talks and that Trump backed away from his threats, for the time being. Where the reporting diverges is on the outlook for the future, with the left taking a pointedly negative stance and the right a drastically more positive one. Time will tell where the trade war will develop, but finding common ground between the two countries is likely better for not just the US and China, but the world as well.
Share this story!