Trump, Xi, and the new US–China standoff | ask ian

US–China relations are once again on edge. After Washington expanded export controls on Chinese tech firms, Beijing struck back with new limits on critical minerals. Trump responded by threatening 100% tariffs, then quickly walked them back.

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Ian Bremmer says neither side wants a full trade war: “Trump doesn’t want to risk inflation or crash the markets, and Xi knows both countries have real leverage over each other.”

As Trump and Xi prepare to meet, from TikTok control to Taiwan tensions, Ian explains why “this relationship is tense, but not heading for a blow-up.”

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