President Trump is facing an adversary who has armed his country to play a long and potentially painful game in its contest with the U.S.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump eyes trade deal with China, talks with Xi President Trump said Tuesday that the hefty tariff rate on China will significantly be reduced after he negotiates with Chinese President Xi Jinping,

President Xi Jinping is trying to convince Europe that China is its real ally, while Donald Trump is going after the European Union with tariffs, threats over defense, and zero patience for negotiations.