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Shipping containers from China are seen at the Port of Los Angeles, in San Pedro, California, U.S., May 1, 2025.
Trump says he might back off on China tariffs – but Beijing holds firm
With US-China trade grinding to a halt, President Donald Trump told ABC News on Sunday that he would lower the 145% tariff imposed on China “at some point,” explaining that “otherwise you could never do business with them.” Beijing has expressed willingness to start talks if Washington is “prepared to … cancel its unilateral tariffs.” So China is playing a game of chicken, and Trump hasn’t quite swerved out of the way.
“There’s no clarity around what Trump wants from China,” says Eurasia Group’s Lauren Gloudeman. “It’s been a huge source of frustration for the Chinese side because since November they have been seeking to get that question answered.”
Beijing isn’t playing ball like Canada or Mexico, which made superficial concessions to Trump to postpone tariffs. China retaliated with 125% tariffs of its own and then moved to protect vulnerable parts of its economy by quietly issuing a series of exemptions on important US imports like aircraft engines, semiconductors, and pharmaceuticals.
“China’s leadership cannot be seen as being coerced into giving in to Trump’s tactics,” says Gloudeman, explaining that Beijing is already facing the worst-case scenario for bilateral trade. “It’s quite insulting and humiliating, and the broader strategy for China is counting on Trump to back down first.”
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.
A winner from Trump tariff wars? Maybe India
Modi has been around long enough to have navigated trade frictions during Trump’s first term, and he was one of the first world leaders to approach Trump earlier this year with a conciliatory approach to growing trade tensions. Now, according to US Treasury Secretary Scott Bessent, the first phase of a new US-India trade deal might be “one of the first trade deals we would sign." Following a visit to Washington last week, Rajesh Agrawal, India’s lead trade negotiator, highlighted hopes for a “mutually beneficial, multi-sector bilateral trade agreement by fall of 2025, including through opportunities for early mutual wins.” Creating more market openings for US exports will come at a cost in a country long known for trade protectionism, but Modi has also made moves in recent years to open trade talks with the EU, the UK, and others.
This also follows news that, to avoid the Trump administration’s surging tariff rates on China, Apple has unveiled plans to move production of most of the 60 million iPhones it sells in the US each year from China to India by the end of 2026 – though the transition may take longer.Salvadoran police officers escort an alleged member of the Venezuelan gang Tren de Aragua recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran government, in Tecoluca, El Salvador, in this handout image obtained March 16, 2025.
Where does Trump’s immigration crackdown stand, nearly 100 days in?
President Donald Trump’s actions against migrants have generated among the most controversy of any of his policies during the first few months of his presidency. His administration’s deportation of alleged Venezuelan gang members to a Salvadoran maximum security facility has drawn comparisons to the worst abuses of totalitarian regimes, and Trump’s approval rating on immigration issues has slipped a bit in several polls.
Here’s a brief rundown of three of the most salient actions Trump has taken on migration.
1. Mass deportations of alleged criminal migrants
In March, the Trump administration defied court orders to remove over 200 Venezuelan migrants whom it alleged – without providing proof or due process – were criminals without legal status in the United States. The White House claimed it had the authority to do so thanks to the 1789 Alien Enemies Act, which it invoked to target the Tren de Aragua, a gang it alleges to be conducting “irregular warfare and undertaking hostile actions against the United States.”
The Supreme Court ruled on April 8 that while the administration could use this act to deport alleged gang members, it must provide them the opportunity to challenge their removals in court first. Eleven days later, it ruled that the administration must halt deportations under the Alien Enemies Act pending a further ruling from the court. The White House derided challenges as “meritless litigation” – even though it admitted in one case, that of Kilmar Abrego Garcia, it mistakenly deported him to a potential life sentence in El Salvador. Despite another Supreme Court ruling that the administration must facilitate his return to the United States, the administration says it cannot retrieve him from El Salvador.
2. Executive Order “Protecting the American People Against Invasion”
Trump issued this broad executive order, aka PAPAI, within hours of his inauguration. It revokes several Biden-era executive orders related to immigration and attempts to further the crackdown Trump promised on the campaign trail.
For example, it removed restrictions on immigration authorities attempting to make arrests at sensitive locations like churches, schools, or certain workplaces. It urges state and local law enforcement to aid in immigration arrests, which are usually outside their jurisdictions, and threatens so-called sanctuary cities with the loss of federal funds if they do not assist. The order also mandates the creation of “Homeland Security Task Forces” in each state, reporting to the Departments of Justice and Homeland Security. These task forces are meant to marshall more manpower and resources to make arrests, but the White House has expressed frustration with the pace of detentions.
3. Militarized border protection
In another executive order signed on his first day in office, Trump declared a national emergency on the southern border, enabling military forces to take a greater role in securing the region. He also assigned the Roosevelt Reservation, a 60-foot wide strip of land running along much of the border from New Mexico to California, to the Defense Department. DoD has announced it will administer part of the reservation as a section of Fort Huachuca, a military base in Arizona. Doing so will allow military personnel to put up barriers and make arrests as part of their security duties, but those actions are likely to be challenged in court.
Despite – or perhaps because of – the crackdown along the border, apprehensions are way down compared to the Biden administration. Authorities detained just 11,017 attempted migrants along the southern border in March 2025 compared to 189,359 in March 2024.
US banknotes photographed in Fuyang City, Anhui Province, China on April 21, 2025.
Does Trump want a weaker dollar?
The US dollar slid to its weakest level in three years on Monday, as investors reacted to US President Donald Trump’s latest attacks on Fed Chair Jerome Powell, whom he blasted for not lowering interest rates faster, even as economists and investors worry that tariffs will stoke inflation. The greenback has already shed 10% of its value since Trump took office.
But is a weak dollar part of a bigger plan? Last year, Stephen Miran, who is now Trump’s top economic adviser, argued that the US could use tariffs and threats of military retrenchment to force major trading partners to revalue their currencies to Make the Dollar Weak(er) Again.
The reasoning: Global demand for the dollar as the world’s most desirable reserve and transactions currency has, Miran and others argue, made the greenback artificially strong. That, in turn, hurts US exports and harms US manufacturing. Forcing other countries to revalue their currencies is one solution.
There’s a precedent: In 1985, Ronald Reagan used the threat of US protectionism to get Japan and close European allies to sign the “Plaza Accord”, revaluing their currencies against a surging dollar which was hurting American exporters.
Could a “Mar-a-Lago Accord” work today? Critics say it’ll be a tough sell, needing to include not only the Europeans – whom Trump has openly antagonized on a number of fronts – but also China, which the US now frames as at best a rival, and at worst an enemy. Why would China go along?
Supporters say power is power: The threat of losing access to the US market and America’s defense umbrella would be enough to scare other countries into a deal, whether they like it or not.