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US Administration announces 34% tariffs on China, 20% on EU
EU commissioner Ursula Von der Leyen said the EU's unity was its strength as she responded to news of the tariffs.
Xi is portraying his country as a champion of free trade, as a backer of multilateral institutions, and making comparisons with the US which is seen as trashing both of these. Just last week China’s leader was sitting down with chief executives from big international corporations – including many from Europe – and the imagery was clear: The US under Trump equals chaos, trade destruction and national self-interest. People may quibble with the Chinese Communist Party’s reading of where the world sits, but every time Donald Trump takes measures like those announced on Wednesday, it makes Xi’s sales pitch easier to deliver.
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