Overview

• President Trump has imposed a 10% tariff on all Chinese imports, with additional tariffs set to take effect on April 2, 2025, further straining US-China trade relations.
• Chinese President Xi Jinping met with global executives, including leaders from Apple, Blackstone, and Standard Chartered, emphasizing China's stability and openness to foreign investment.
• US Senator Steve Daines engaged with Chinese Premier Li Qiang to address trade imbalances, fentanyl exports, and the reopening of market access for American beef.
• The US has added dozens of Chinese tech companies to its export blacklist, marking the first such action under Trump's current administration.
• China is increasing outreach to Southeast Asian and European markets while urging cooperation to mitigate the negative impacts of the escalating trade conflict.