China, US have much to learn from each other
JIN DING/CHINA DAILY One of the top priorities of Donald Trump after he takes oath as US president may not be what American people, in general, think. Though US Vice-President Kamala Harris criticized Trump's tariff threats during her failed presidency bid, the Biden-Harris administration retained tariffs Trump imposed on $370 billion worth of Chinese goods, while also slapping 100 percent tariffs on Chinese-made electric vehicles. Yet a Fortune magazine report said that Trump has reiterated his openness to Chinese automakers to manufacture cars in the US because that would boost the US economy, signaling a potentially different approach from the Biden administration which has sought to keep out Chinese-made cars. Perhaps that's why US companies operating in China remain optimistic about the future, recognizing that the US election result presents an opportunity for renewed focus on stability, cooperation and sustainable growth in US-China relations. He recently vowed to impose huge tariffs on goods imported from the US' three largest trading partners — Canada, Mexico and China — detailing how he will implement his campaign promises.
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