Confronted with fresh warnings from financial markets, business leaders and top advisers, President Donald Trump this week eased off on two of his frequent punching bags: Jerome Powell and China.

Gatestone Institute senior fellow Gordon Chang believes it's "a win for Trump" as a "really bad story for Beijing" emerges in the trade tensions between China and the U.S.

President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.

Gatestone Institute senior fellow Gordon Chang joins ‘Fox Report’ to break down China’s move to waive tariffs on certain U.S. goods and analyze the broader implications of the ongoing trade battle with the Trump administration.

Beijing has been canvassing companies and waiving duties on American goods in sectors where it lacks alternatives.

An American business group said Chinese officials had surveyed companies about American products that are crucial to their supply chains.