President Xi Jinping may also see a bigger opportunity here. Trump is sowing division in his own backyard, threatening to hit even the European Union (EU) with tariffs - all in his first month in office. His actions may have other US allies wondering what is in store for them.

President Trump plans to hold talks with China within 24 hours, potentially delaying a 10% tariff on Chinese goods. The discussions may cover illegal Chinese fentanyl and the TikTok app. Trump's prior agreements with Canada and Mexico included delaying tariffs in exchange for stricter border measures.

US President Donald Trump will hold a conversation with China's XI Jinping in "a couple of days" amid the ongoing tensions over recent tariffs the US has imposed on China.