Donald Trump’s tariff campaign has a clear geopolitical winner, and it’s not the United States. It’s China. After the U.S. president announced steep tariffs earlier this month on imports from many countries around the world,

China has halted the export of rare earth minerals and magnets to the United States amid President Donald Trump's tariffs on Chinese goods, which have spurred a trade war. Trump imposed steep tariffs on Chinese goods but exempted supercomputers and smartphones.

Xi Jinping has urged Vietnam to resist “unilateral bullying” and uphold free and open trade, as he begins a high-stakes diplomatic tour of the region’s major export-reliant economies in a bid to position his country as a stable partner in contrast to the United States.

China’s leader Xi Jinping has released a letter denouncing tariff and trade wars and urging the multilateral trading system, stable global industrial and supply chains, and open and