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Biden to meet with China’s Xi at Peru summit — ahead of Trump tariffs and COVID reparations push

WASHINGTON — Outgoing President Biden will be speaking on the sidelines of the APEC summit in Peru this week as President-elect Donald Trump threatens to impose new tariffs on Chinese goods and force Asian countries to pay “reparations.” He is scheduled to have a final meeting with Chinese President Xi Jinping. In preparation for the novel coronavirus disease (COVID-19) pandemic.

Mr. Biden, 81, and Mr. Xi, 71, are scheduled to meet in Lima on Saturday, after Mr. Xi privately agreed to limit shipments of lethal doses of opioids, and the US president said the US president will not be releasing fentanyl this year. Administration officials say they are determined to win the fight to reduce overdose deaths. When Biden sits down again in a year.

More than 223,000 U.S. residents died from fentanyl and related compounds during Biden's first three years in office. According to Republican politicians criticized Biden early in his term for not doing more to stem the tide, according to Centers for Disease Control and Prevention (CDC) estimates.

President Biden and Chinese President Xi Jinping will hold their final meeting in Lima, Peru on Saturday. Reuters

“We hope the president will use this opportunity to take stock of his efforts to responsibly manage competition over the past four years and how our two countries have made progress in areas of common interest,” a U.S. official said. “There is,” he said.

“These measures have helped our country combat the global fentanyl crisis, contributing to the reduction in overdose deaths and disruption to the illicit fentanyl supply seen over the past year.”

Biden and Xi are also expected to discuss artificial intelligence and global warming, with Trump regularly mocking China for not committing to reducing its fossil fuel use.

“When it comes to AI, both countries recognize the emerging risks and have begun a difficult but productive dialogue about the safety and risks of AI,” the US official added.

“Also on climate, our special envoys have had deep and fruitful discussions over the past four years, resulting in three broad-based climate commitments that set the stage for climate commitments on greenhouse gas reductions, peak emissions and renewable energy. A joint statement was issued.

President Trump is highly skeptical of international agreements that commit the United States to reducing its use of fuels such as coal, oil and natural gas. During his first term, the 45th president withdrew from the Paris climate accord, arguing that China was not held to the same standards.

Biden and Xi have previously met in Bali in 2022 and near San Francisco in 2023. AFP (via Getty Images)

Biden ultimately maintained President Trump's first-term China tariffs and even added new tariffs in May when he was seeking re-election, but ultimately withdrew from the campaign two months later. .

In 2018, President Trump imposed 25% tariffs on steel and 10% tariffs on aluminum on most countries, including China. It then imposed tariffs ranging from 7.5% to 25% on Chinese goods, which account for $362 billion in annual imports. more than half Of the total.

Biden announced in May that he would impose tariffs on about $18 billion a year of Chinese imports. This also includes other products such as metals such as steel and aluminum, green energy technologies such as solar panels and electric vehicles, certain semiconductors, construction cranes, and medical products.

Under the Biden tariffs, electric vehicles would be subject to a 100% tariff for the next two years, solar panel parts would be subject to a 50% import tax, and other products would be subject to a 25% surcharge. It will be.

Trump is expected to take a more direct approach to pressure China once he regains power in January, but he has also mentioned the importance of maintaining a good personal relationship with Xi. There is.

The meeting was announced as President-elect Donald Trump visited Biden at the White House. AP

Biden and Xi previously met in Bali, Indonesia in 2022 and last year outside San Francisco.

Mr. Biden did not publicly ask Mr. Xi to curb fentanyl exports in any of their previous meetings, but he agreed to do so in the second meeting and left the meeting — Mr. Trump also asked Mr. Xi during his term. The plan did not come to fruition after Republicans lost the 2020 election to Biden, who claimed they had agreed to the crackdown when in fact they had agreed to the crackdown. The U.S. death toll skyrocketed as drugs were increasingly adulterated and unknowingly killed Americans.

Biden also did not publicly pressure Xi to be transparent about the origins of the COVID-19 pandemic, although some in the U.S. government believes it began with a laboratory leak in Wuhan, China, that ultimately killed more than 1 million Americans and caused massive social and economic damage. And educational chaos.

President Trump has threatened new tariffs and “reparations” for the coronavirus. AP

President Trump has vowed to force China to pay $50 trillion in “reparations” for the virus and last year called for a “world summit” on the topic.

The president-elect and his allies in Congress have cited the fact that state-owned companies paid millions of dollars to Joe Biden's eldest son Hunter Biden and eldest brother James Biden during and shortly after Joe Biden's vice presidency. has regularly accused China of not being strong enough against China.

Joe Biden has met with leaders of two major Chinese businesses in which his relatives are involved. And in an infamous 2017 email, one of Hunter's colleagues outlined a 10% pay cut for the “major” in the proposed joint venture.

President Trump claimed last year that Biden had been “bribed and now being threatened” by the Chinese government, and House Speaker Mike Johnson (R-La.) told the Post that Biden He said he had a “soft” attitude toward China and “probably has something to do with business.” It very likely has something to do with Hunter and James Biden and some of the deals they made there. ”

The impending meeting between Biden and Xi Jinping was announced as the outgoing president welcomed Trump to the White House for talks on the presidential transition, and both men spoke during a brief press conference in the Oval Office. exchanged kind words.

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