Economics
Xi's Move to Slap North Korea Buys Time With Trump on Trade
- China backing for sanctions likely to deter U.S. investigation
- Sanctions unlikely to stop Kim Jong Un’s nuclear program
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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.