The Trump administration’s reckless approach to tearing down the global trading system without a clear plan for replacement is becoming evident as markets dive and retaliatory actions from other nations unfold. Senior officials admit to only spending a few days considering the consequences of imposing “reciprocal” tariffs, with no strategy in place for managing the aftermath. The lack of substantive communication between Trump and Chinese President Xi Jinping has led to an unmanaged escalation towards a trade war with the world’s second largest economy.
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Christopher Luxon’s push for deeper ties with China – Fran O’Sullivan
Christopher Luxon expressed admiration for the "sheer energy, pace, and relentless drive for innovation" he observed during his recent visit to China. While he maintains a transactional approach typical of a former CEO, he also aims to build personal relationships with global leaders, including President Xi Jinping, whom he first met during a State visit in 2014. Want More Context? 🔎
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