TAIPEI, Taiwan (AP) — A day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate, China is moving to strengthen its alliances as a counterweight to President Donald Trump’s trade war. President Xi Jinping warned against bullying and said he was ready to join hands with Latin American countries to block protectionism. He was addressing a regional forum where he was joined by the presidents of Brazil, Chile and Colombia and other Latin American and Caribbean officials. Meanwhile, the head of the WTO appealed to Japan to champion global free trade. The realities of Trump’s global trade offensive overshadowed an initial burst of optimism over the China-U.S. deal among investors, as rallies in stocks and oil prices faded.
China Seeks United Front With Latin America
May 13, 2025 5:03 am