BLANKET TARIFFS
Trump has vowed to adopt blanket 60 per cent tariffs on US imports of Chinese goods as part of a package of “America First” trade measures. Beijing opposes those steps. The Republican president-elect also plans to hire several hawkish voices on China in senior roles, including US Senator Marco Rubio as secretary of state and Representative Mike Waltz as national security adviser.
On Wednesday, Biden national security adviser Jake Sullivan described the transition as “a time when competitors and adversaries can see possibly opportunity.” Biden will stress with Xi the “need to maintain stability, clarity, predictability through this transition between the United States and China.”
Shen Dingli, a Shanghai-based international relations scholar, said China wants the meeting to ease tensions during the transition period. “China definitely does not want relations with the United States to be thrown into turmoil before Trump formally takes office,” said Shen.
The summit in South America offers new signs of the challenges to the United States’ power in its own backyard, where China is on a charm offensive.
Xi, who arrived in Lima on Thursday, plans a week-long diplomatic blitz in Latin America that includes a refurbished free-trade agreement with Peru, inaugurating the massive Chancay deep-water port there and being welcomed in Brazil’s capital next week for a state visit.
China is seeking Latin America’s metal ores, soybeans, and other commodities, but US officials worry they may also be looking for new US-adjacent military and intelligence outposts. Chinese state-backed media has called those accusations a smear.
A US official said Washington’s commitment to the region was strong and that Chinese infrastructure investment overseas has declined in recent years due to domestic challenges and problems with the projects.
But Ryan Berg, director of the Americas Program at the Center for Strategic and International Studies, a Washington think tank, said Xi would meet with a good reception in the region.
“Biden’s trip will be overshadowed very clearly by all of the things that Xi Jinping will be up to when he visits APEC,” he said. “When Xi meets with Biden part of his audience is not, it’s not solely the White House or the US government. It’s about American CEOs and continued US investment or trying to renew US investment in China and get rid of the perception that there’s a hostile business environment in China.”
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