With China and the US at intense economic odds, other nations are being forced to choose sides
WASHINGTON (AP) One went to the United States. The other went to China. It was a sign of the times.
While the Swiss president was in Washington last week to lobby U.S. officials over President Donald Trumps threatened 31% tariff on Swiss goods, the Swiss foreign minister was in Beijing, expressing his nations willingness to strengthen cooperation with China and upgrade a free trade agreement.
As Trumps trade war locks the worlds two largest economies on a collision course, Americas unnerved allies and partners are cozying up with China to hedge their bets. It comes as Trumps trade push upends a decade of American foreign policy including his own from his first term toward rallying the rest of the world to join the United States against China. And it threatens to hand Beijing more leverage in any eventual dialogue with the U.S. administration.
With Trump saying that countries are kissing my ass to negotiate trade deals on his terms or risk stiff import taxes, Beijing is reaching out to countries far and near. It portrays itself as a stabilizing force and a predictable trading partner, both to cushion the impact from Trumps tariffs and to forge stronger trade ties outside of the U.S. market.
https://apnews.com/article/china-us-tariffs-trump-dce0557297c1a367cac9353d270a3c2e