Xi Gains Upper Hand Before Trump Summit After US Tariff Reversal

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Firstpost•22-02-2026, 19:21
Xi Gains Upper Hand Before Trump Summit After US Tariff Reversal
- •US Supreme Court strikes down Trump's emergency tariffs on China, reducing bargaining power.
- •Tariffs revert to a uniform 15% rate globally, expiring in 150 days, benefiting China.
- •Trump loses key leverage to pressure Beijing on trade issues like soybean purchases and rare earth metals.
- •Judicial blow to 'tariff diplomacy' forces White House tactical retreat, complicating efforts to extract concessions.
- •China's measured response suggests a strategic approach to press for expanded access and favorable terms.
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