The first test for a much-celebrated US–China trade truce is looming. US Treasury Secretary Scott Bessent hopes to finalise a rare earth deal by next week’s Thanksgiving holiday, but experts say a breakthrough is unlikely as the two sides maintain sharply different narratives of what was discussed and agreed on key issues. From rare earths…
This year marks half a century of formal diplomatic relations between China and the European Union as well as the 25th anniversary of the founding of the European Union Chamber of Commerce in China. As part of a series of reports examining ties between the two powers, Meredith Chen and Nora Mankel look at how…
Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent are leading a new round of trade talks in Madrid, with the tariff truce reached in Stockholm set to expire in November. The delegations arrived at the Spanish foreign ministry in central Madrid on Sunday afternoon local time, just hours after the Chinese team touched…