Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Trump leaves China guessing what his next move is with unusual inauguration invitation

by admin December 15, 2024
December 15, 2024
Trump leaves China guessing what his next move is with unusual inauguration invitation

President-elect Trump took China by surprise when he invited President Xi Jinping to his upcoming inauguration, a friendly gesture ahead of a widely expected trade war. 

The move left everyone wondering what Trump was up to — a Chinese head of state has not attended a U.S. inauguration in all of history. 

Xi is not expected to accept the invitation, sources told CBS News. 

‘We have a good relationship with China. I have a good relationship,’ Trump told CNBC on Friday. ‘We’ve been talking and discussing with President Xi some things.’

But the invitation comes as the U.S. intelligence community disclosed a massive hack of eight U.S. telecom companies, finding that Chinese hackers had accessed the data of millions of Americans, including Vice President-elect JD Vance.

The hack, nicknamed Salt Typhoon and one of the most far-reaching in history, affected mostly people in the Washington, D.C., area, and was targeted at government-linked people. Information about their phone calls and texts was intercepted. 

Meanwhile, a Chinese national was arrested on suspicion of flying a drone over Vandenberg Space Force base in Northern California, the Department of Justice said Wednesday. 

‘Many people were disappointed by this invitation,’ said China expert Gordon Chang.

‘A man who is responsible for spreading COVID beyond China borders, for being behind the fentanyl program, which kills 70,000 Americans a year, that was not a good look for the United States,’ he went on. ‘And it betrayed weakness.’

‘The Chinese president looks at that and believes that Trump is not serious,’ said Chang. 

‘Xi Jinping has made it clear that the United States is China’s enemy. He’s done that in many ways. And for an American president to show friendship is not a gesture in Xi’s mind, it’s a display of weakness, and Chinese leaders always take advantage of weakness.’ 

It’s not clear if the invitation means that Trump is looking to take a more diplomatic approach to the relationship with China after a campaign marked by threats of hiking tariffs. 

Trump has floated the idea of a 60% across-the-board levy on all goods imported from China, which would cover some $400 billion worth of products. 

Free trade supporters have worried this would break a top campaign promise for Trump: to rein in and prevent the record inflation figures seen under the Biden administration.

And the threat of a trade war comes as military tensions rise in the Indo-Pacific. China has been putting on displays of force in the waters off the shores of U.S. allies like the Philippines and Japan, and increasingly threatening Taiwan, an island democracy it views as its rightful territory. 

Defense experts have begun to muse whether the U.S. could find itself at war with China.

Lyle Goldstein, Director of Asia Engagement at Defense Priorities think tank, welcomed the news of the invitation, reading it as a sign of being willing to engage.

‘Nothing like that has happened under the Biden administration,’ he said. ‘Trump is a dealmaker, and I think China is eager to make deals.

‘The Biden approach was very ideological, you know, the world is black and white.’ 

‘If we go into a new Cold War, the results, I think, will be devastating for both the United States and China,’ Goldstein added. ‘I think there is some understanding in the Trump team that the stakes are enormous here.’

China, meanwhile, is considering devaluing its currency further in anticipation of Trump’s tariffs, according to a Reuters report. 

‘People have got to realize that trading with China generally is a good thing. But yeah, we have to. There are some key readjustments that need to take place,’ said Goldstein.

‘I would like to see that take place from readjusting China’s currency.’

This post appeared first on FOX NEWS

previous post
Tech 5: Musk Faces SEC Clash, Broadcom Surges, Google Makes Quantum Chip Breakthrough
next post
Rep Gimenez warns China is ‘greatest threat’ to US, Trump admin will ‘project strength’ to CCP

Related Posts

Top Republican warns families of ‘largest tax hike...

April 16, 2025

Zelenskyy says fresh Russian attack on Ukraine shows...

December 28, 2025

Clintons agree to testify after House threatens contempt...

February 3, 2026

Trump signs late-night executive order abolishing handful of...

February 20, 2025

3 key takeaways from Trump’s push to put...

January 6, 2026

US set to seize tens of millions in...

December 12, 2025

Huge healthcare data breach exposes over 1 million...

February 9, 2025

How Mike Johnson rescued Trump’s tax agenda from...

April 14, 2025

US appeals court blocks Trump contempt proceedings ordered...

August 9, 2025

Trump signals willingness to defend Diego Garcia military...

February 6, 2026

Recent Posts

  • DHS scorches Pritzker’s ‘sanctuary’ state after child rapist on ICE detainer released
  • DC police captain cites bodycam footage of officers not making arrests, sparking backlash
  • Socialist mayor’s blunt 1-word message to fleeing millionaires sparks outrage: ‘We’re doomed’
  • MN governor race to replace Walz sees major shakeup as GOP contender ends campaign: ‘Don’t see a path’
  • Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • DHS scorches Pritzker’s ‘sanctuary’ state after child rapist on ICE detainer released

    May 2, 2026
  • DC police captain cites bodycam footage of officers not making arrests, sparking backlash

    May 2, 2026
  • Socialist mayor’s blunt 1-word message to fleeing millionaires sparks outrage: ‘We’re doomed’

    May 2, 2026
  • MN governor race to replace Walz sees major shakeup as GOP contender ends campaign: ‘Don’t see a path’

    May 2, 2026
  • Amazon explores ‘The Apprentice’ reboot with Trump Jr set for promotion: report

    May 2, 2026
  • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

    May 2, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 3

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 7

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
Promotion Image

banner

Categories

  • Business (676)
  • Investing (3,251)
  • Politics (4,077)
  • Stocks (1,072)
  • Terms and Conditions
  • Privacy Policy

Copyright © 2026 bullhedging.com | All Rights Reserved