China: which Trump adviser come on top. Trump: China suffer more. Japan: tariff threaten security
SCM provides commentary as it becomes apparent that a more powerful China is observing to determine which of Trump’s advisers will gain the upper hand regarding tariffs. According to sources, Trump suggests that American children might receive only two dolls instead of 30. Yet, he insists that China will endure greater hardships in a trade conflict. He calls for patience and attributes the weak economic news to Biden. Japanese lawmakers caution that US tariffs pose a threat to security, not merely economic relations. As China’s influence grows, Japan indicates that its 1 trillion US investment in US treasuries could serve as leverage in trade discussions, while the Bank of Japan plans to maintain interest rates and reduce growth forecasts.
Extended info: News #020503
Alternative title:SCMP comments as, A stronger China waits to see which Trump adviser will come out on top on tariffs: sources.||| Trump says US kids may get ‘2 dolls instead of 30,’ but China will suffer more in a trade war, as Trump urges patience, blames Biden after weak economic news.||| Japan lawmakers warn US tariffs threaten security, not just economic ties, as China looms, and Japan says its US$1 trillion in US Treasuries could be leverage in trade talks, and BoJ to keep rates steady, cut growth forecasts
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