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Xi Jinping appears to again be back in Donald Trump’s good graces — at least for now.
Last week, it looked as if the leaders of the world’s biggest economies were on a collision course. North Korea’s second intercontinental ballistic missile test in a matter of weeks prompted Trump to lash out at China on Twitter, and a few days later came reports that his administration was getting ready to take steps that could lead to a trade war.
U.N. Security Council members vote on toughening sanctions on North Korea in New York, on Aug. 5.
That all changed with a breakthrough at the United Nations on Saturday. After a month of talks, the U.S. and China agreed on sanctions that would cut North Korea’s exports by a third, punish some of its biggest companies and cap the number of its citizens working in other countries at current levels.
“It’s enough to give the administration some new hope that it can work with China on North Korea and trade,” said Dennis Wilder, former senior director for Asia at the National Security Council during the George W. Bush administration. The move would “almost certainly” stop the U.S. from imposing secondary sanctions on China, and may delay a planned investigation into intellectual property theft, he said.
