Beijing is trying to win over other countries with vows of economic cooperation. But it won’t back down from its territorial claims, experts predict.

The president has backtracked repeatedly on his tariff policies, creating a whiplash with downsides and few clear benefits so far.

Nouriel Roubini, the Iranian-American economist known as “Dr. Doom” for predicting the 2008 financial crisis, said that President Donald Trump “blinked and chickened out” in his trade confrontation with Chinese President Xi Jinping.

Chinese leader Xi Jinping has hit out at “bullying” and “hegemonism,” in his first public remarks since a temporary truce over tariffs was agreed in the trade war between the United States and China.

China’s President Xi Jinping said President Trump’s trade policy would backfire, a day after U.S. and Chinese negotiators signed a deal to lower mounting tariffs. “There are

I’ll speak to President Xi maybe at the end of the ... That includes 25 per cent tariffs that the American leader slapped on imports from China during his first administration, 20 per cent ...

President Donald Trump says he will likely speak with China’s leader Xi Jinping “maybe at the end of the week.”

The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.