Chinese Citizens Cite 3 Trump Pressures on Trade, Fuel and Stocks
Updated
Updated · The New York Times · May 14
Chinese Citizens Cite 3 Trump Pressures on Trade, Fuel and Stocks
15 articles · Updated · The New York Times · May 14
Chinese residents interviewed across Fuzhou, northern China and Beijing said Trump’s impact reaches daily life through weaker business, higher fuel costs and shakier investment sentiment.
A steel trader blamed the trade war for depressed business, while a taxi driver said the war in Iran had pushed up global gasoline prices and his costs at the pump.
In Beijing, stock investor Sunny Sun said she was watching her portfolio closely ahead of announcements from Trump’s summit with Xi Jinping, citing uncertainty because his positions can shift quickly.
People who said they all knew Trump also described him in sharply different ways—remembering tariffs, his business record and an assassination attempt, with one media worker saying some of his China-related remarks felt like “stand-up comedy.”
With the Iran conflict roiling oil markets, can the Beijing summit produce a deal to stabilize the global economy?
Will the Trump-Xi talks reverse the crippling tariffs and supply chain chaos hitting businesses worldwide?