David E. Sanger
speaker
2,183 appearances
17 recordings
1 series
first heard Dec 2024
last heard 2d ago
David E. Sanger’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 2.
Appearances
Well, obviously, tariffs are a huge issue for the Chinese.
China's been a big target of Trump's tariff regime, and I'm sure that it will dominate a lot of the discussions.
But the fact of the matter is the Chinese were able to get President Trump to back down some last year when in retaliation, they cut off rare earths and magnets and so forth to the U.S.
to demonstrate that they too have a bit of leverage here.
And then came the Supreme Court decision, which forced the U.S.
to pay back some of the tariffs that have already been collected.
And now a trade court decision
is going after President Trump's ability to impose a 10% tariff on every country.
So I think that Xi Jinping probably feels like he's already won half his argument before he starts.
Now, there are some tariffs on specific Chinese products that certainly are a big concern to them.
And here, the biggest example is Chinese cars.
You know, the Chinese during the president's first term
exported about a million cars a year.
This past year, they've exported around the world seven million, except to the United States, where they were barred chiefly by Joe Biden, who put 100 percent tariffs on Chinese cars.
And that's a big source of complaint on the part of the Chinese.
No, we do not, because I think everybody recognizes that China's car production capacity is posing a considerable threat to the American carmakers, just as Japan did decades ago.
But I think what's worth remembering here, Rachel, is these are the immediate trade tensions that take place between countries all the time.
with our adversaries, with our allies.
But what's frustrating sometimes around these summit meetings is that we all know there are much more fundamental divides between the two countries, divides that go to the heart of the question of who will be the dominant economic power, the dominant military power, the dominant technological power for the next number of decades.
And it's not clear whether any of those core issues in the relationship will come up, at least in direct form.
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