Trump faces Xi as strains with allies complicate U.S. pressure on China
· World · CNBC
President Donald Trump is set to meet Chinese President Xi Jinping at a summit that highlights growing tensions and shifting global alliances. Trump has imposed tariffs, restricted technology access, and pressured U.S. allies to reduce reliance on China, but Beijing has deepened global trade ties and honed its leverage, particularly through rare earths supplies. A Pew poll shows Canadian confidence in the U.S. as a reliable partner dropped from 83% in 2022 to 35% in 2026, reflecting strained relationships. The summit will test how economic and diplomatic ties influence U.S. power to counter Chinese influence.
Why it matters
The strained relationships between U.S. allies and Washington could weaken America's global leverage, impacting global trade dynamics and strategic alignments.
Read the original report — CNBC
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