Vladimir Putin and China’s Xi Jinping Team Up to Bash Trump on Trade
Xi likened the U.S.-China trade deal to “fleas in a fur coat.”

Maxim Shipenkov/AFP/Getty Images
Russian President Vladimir Putin and Chinese President Xi Jinping teamed up at a global investment conference in St. Petersburg, Russia, to gang up on U.S. President Donald Trump. The two leaders have been strengthening their countries’ trade ties in the wake of the Trump administration’s trade war with China. Putin, in a speech on Friday, hinted that trade wars could escalate to “real wars,” according to the New York Times. He also accused the United States of “pretending” to support free markets only to now oppose them because of China’s threats to American dominance. In his speech on Friday, Xi suggested that the U.S. not throw out trade rules they were unhappy with but work to improve them. “If you are unhappy with fleas in your fur coat, you should not throw the fur coat in the oven,” he said, according to the official translation handout. “The current multilateral trade system has to be protected.”
Register below to read this article for free or subscribe
to unlock unlimited access to The Daily Beast.
Monthly
$1
First month then $5.99/month
Annual
$35
First year then $59.99/year
Premium
$79
First year then $119.99/year
*Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy.
Already have an account? Sign In
Looks like you already have a subscription!
You're all set!
Thanks for subscribing.