Recently, on his first state visit to China after starting his second term, President Trump agreed to foster a constructive and strategically stable China-U.S. relationship, which has brought about a phased de-escalation of tariff and trade frictions. This can be seen as a reassuring move for global economic cooperation.
Since 2008, the US has unilaterally implemented policies such as "building a small yard with high walls", "decoupling and breaking chains" and "reciprocal tariffs". These policies have brought great uncertainty to economic globalisation and severely threatened the orderly development of global trade.
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