• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Trump leaves China guessing what his next move is with unusual inauguration invitation

by December 15, 2024
written by December 15, 2024

President-elect Trump took China by surprise when he invited President Xi Jinping to his upcoming inauguration, a friendly gesture ahead of a widely expected trade war. 

The move left everyone wondering what Trump was up to — a Chinese head of state has not attended a U.S. inauguration in all of history. 

Xi is not expected to accept the invitation, sources told CBS News. 

‘We have a good relationship with China. I have a good relationship,’ Trump told CNBC on Friday. ‘We’ve been talking and discussing with President Xi some things.’

But the invitation comes as the U.S. intelligence community disclosed a massive hack of eight U.S. telecom companies, finding that Chinese hackers had accessed the data of millions of Americans, including Vice President-elect JD Vance.

The hack, nicknamed Salt Typhoon and one of the most far-reaching in history, affected mostly people in the Washington, D.C., area, and was targeted at government-linked people. Information about their phone calls and texts was intercepted. 

Meanwhile, a Chinese national was arrested on suspicion of flying a drone over Vandenberg Space Force base in Northern California, the Department of Justice said Wednesday. 

‘Many people were disappointed by this invitation,’ said China expert Gordon Chang.

‘A man who is responsible for spreading COVID beyond China borders, for being behind the fentanyl program, which kills 70,000 Americans a year, that was not a good look for the United States,’ he went on. ‘And it betrayed weakness.’

‘The Chinese president looks at that and believes that Trump is not serious,’ said Chang. 

‘Xi Jinping has made it clear that the United States is China’s enemy. He’s done that in many ways. And for an American president to show friendship is not a gesture in Xi’s mind, it’s a display of weakness, and Chinese leaders always take advantage of weakness.’ 

It’s not clear if the invitation means that Trump is looking to take a more diplomatic approach to the relationship with China after a campaign marked by threats of hiking tariffs. 

Trump has floated the idea of a 60% across-the-board levy on all goods imported from China, which would cover some $400 billion worth of products. 

Free trade supporters have worried this would break a top campaign promise for Trump: to rein in and prevent the record inflation figures seen under the Biden administration.

And the threat of a trade war comes as military tensions rise in the Indo-Pacific. China has been putting on displays of force in the waters off the shores of U.S. allies like the Philippines and Japan, and increasingly threatening Taiwan, an island democracy it views as its rightful territory. 

Defense experts have begun to muse whether the U.S. could find itself at war with China.

Lyle Goldstein, Director of Asia Engagement at Defense Priorities think tank, welcomed the news of the invitation, reading it as a sign of being willing to engage.

‘Nothing like that has happened under the Biden administration,’ he said. ‘Trump is a dealmaker, and I think China is eager to make deals.

‘The Biden approach was very ideological, you know, the world is black and white.’ 

‘If we go into a new Cold War, the results, I think, will be devastating for both the United States and China,’ Goldstein added. ‘I think there is some understanding in the Trump team that the stakes are enormous here.’

China, meanwhile, is considering devaluing its currency further in anticipation of Trump’s tariffs, according to a Reuters report. 

‘People have got to realize that trading with China generally is a good thing. But yeah, we have to. There are some key readjustments that need to take place,’ said Goldstein.

‘I would like to see that take place from readjusting China’s currency.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump taps Richard Grenell as presidential envoy for special missions, Edward S. Walsh as Ireland ambassador
next post
Rep Gimenez warns China is ‘greatest threat’ to US, Trump admin will ‘project strength’ to CCP

related articles

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

US diplomatic facility in Iraq struck by drone

March 13, 2026

171 million travelers face airport delays as Democrats’...

March 13, 2026

From Biden’s ‘war’ on gas prices to ‘small...

March 13, 2026

FDA launches new AI-powered system to track drug...

March 13, 2026

Cornyn reverses on filibuster stance to push Trump’s...

March 13, 2026

DAVID MARCUS: Sen Thune has no idea how...

March 13, 2026

Trump touts 5-0 sweep by endorsed candidates in...

March 13, 2026

US destroys 16 Iranian mine boats as Strait...

March 13, 2026

House GOP urges Trump to choke off Iran...

March 13, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • SCOOP: GOP push for new House committee to probe Biden decline ‘cover-up’ gains steam

    May 29, 2025
  • Boeing stock dubbed a ‘top pick’ for 2026, Dan Niles explains why

    January 1, 2026
  • Trump lambastes Liz Cheney as ‘Crazed Warhawk’ as she campaigns for Kamala Harris

    October 22, 2024
  • ‘Not a conspiracy theorist’: Harris fundraiser floats idea Trump colluding with Putin, Israel to win election

    September 5, 2024
  • Bipartisan deal on Obamacare subsidies fades as Republicans push HSA plan

    December 3, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025

Categories

  • Economy (829)
  • Editor's Pick (8,376)
  • Investing (1,189)
  • Stock (981)

Latest Posts

  • Trump announces shakeup at top of WH personnel office

    October 12, 2025
  • FBI phone extractions, DNA testimony headline Day 7 of Ryan Routh trial

    September 16, 2025
  • Ratcliffe says new Signal texts show he ‘did not transmit classified information’

    March 26, 2025

Recent Posts

  • Comer widens Biden ‘cover-up’ probe, seeks interviews with Anita Dunn and Ron Klain

    June 4, 2025
  • Zyn-maker Philip Morris announces $600 million Colorado facility to ramp up production

    July 17, 2024
  • DHS funding threatened as Congress rolls out $80B spending bill amid shutdown fears

    January 12, 2026

Editor’s Pick

  • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

    July 10, 2025
  • Shutdown averted for now, but Senate warns DHS fight could trigger another in days

    February 4, 2026
  • Trump to tear up Obama-era school lunch rules blocking whole, 2% milk

    January 14, 2026
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock