With the inclusion of Elon Musk to President Donald Trump’s cabinet, it is no surprise to this writer that Trump appears to be softening his position on China. Musk, whose company Tesla recently lobbied the EU to protect China’s EV industry from tariffs, has a vested interest in U.S.-China relations remaining good. The one fly in the ointment might be Trump’s aggressive push to get China out of the Panama canal.
So far, Trump has softened his position on tariffs, though he continues to threaten China if they fail to stop delivering fentanyl to Mexico they will face daunting tariffs. China sent their VP, Han Zheng, to the inauguration, but the VP also met with Elon Musk to work out a deal between the CCP and Musk’s EV company, Tesla, which operates factories in China and hopes to sell to the China market.
China’s official meets with Elon Musk as Trump begins second term · TechNode– technode.com
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Excerpt:
Chinese Vice President Han Zheng on Jan. 19 called on US businesses to help boost trade relations between the rival countries in a meeting with Elon Musk, chief executive of Tesla and a member of Trump’s incoming administration, in Washington.
Why it matters: The meeting came just a day before Donald Trump took office for his second term as President of the United States on Monday at the US Capitol.
- Han, who represented China at Trump’s inauguration, used the visit to also meet with new US Vice President JD Vance, as well as business leaders from US companies such as FedEx and Visa, according to a Bloomberg report.
