China: Trump Term 1 Vs. Trump Term 2

Carnegie Endowment
Carnegie EndowmentMay 13, 2026

Why It Matters

That recalibration shapes Beijing’s diplomatic and economic posture: a more transactional, unpredictable U.S. leader raises the prospect of opportunistic bargaining but also heightens strategic risk for businesses and governments relying on stable U.S.-China relations.

Summary

A senior Chinese official told the speaker that Beijing’s perception of Donald Trump has shifted sharply since his first term. In 2016–20 they saw a transactional president constrained by China hawks; now they view him as unrestrained, surrounded by loyalists and less influenced by traditional foreign-policy figures. Chinese strategists believe Republicans in Congress remain broadly anti-China but wield less decisive influence, creating what Beijing sees as an opening for tailored deals. Despite viewing Trump as more negotiable, Chinese officials say they still distrust him deeply.

Original Description

In his dealings with China, some in Beijing see a big difference between President Trump's first and second terms. David Rennie explained with Aaron David Miller on this week's Carnegie Connects. Their full conversation is available on our channel.
The Carnegie Endowment for International Peace generates strategic ideas and independent analysis, supports diplomacy, and trains the next generation of international scholar-practitioners to help countries and institutions take on the most difficult global problems and advance peace.

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