Yahoo Finance

Analysis-Bracing for Trump tariffs, China's Xi makes diplomatic push at global summits

In his first global meetings since Donald Trump was reelected to lead the U.S., Chinese President Xi Jinping went on a diplomatic offensive, hedging against expected new tariffs and preparing to exploit potential future rifts between Washington and its allies. At meeting after meeting, from APEC in Peru to G20 in Brazil over the last week, Xi sought to draw a contrast with Trump's "America First" message, presenting himself as a predictable defender of the multilateral global trade order. The outreach is urgent for Beijing.