Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.

President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.

The president postponed what appeared to be a looming clash on trade and expressed a willingness to talk business, but he remains critical of Beijing.