Xi Jinping urges cooperation with Trump to stabilize U.S.-China relations
Chinese President Xi Jinping emphasized the need for cooperation between the U.S. and China in a message to president-elect Donald Trump. He stated that both countries benefit from working together and should manage their differences to ensure a stable relationship. Trump's recent election victory may lead to a shift in U.S.-China relations, with both he and his opponent promising tougher policies on China. Trump has proposed imposing 60 percent tariffs on Chinese goods to address trade imbalances. Beijing warned that a trade war would have no winners. Analysts expect China to respond to potential tariffs with limited retaliation and increased domestic support to stabilize its economy.