STOCKHOLM, Sweden — Top trade officials from China and the United States arrived for a new round of talks in Stockholm on Monday in a bid to ease tensions over trade between the world’s two biggest national economies. What You Need To Know Top trade officials from China and the United States have arrived in…
China announced that it will start handing out childcare subsidies across the nation, in its latest push to boost birthrates after a worrying drop in recent years. The government will spend 3,600 yuan ($502) a year per child under age three, according to the official Xinhua News Agency. The assistance, effective retrospectively from Jan. 1…
European automakers and pharmaceutical companies are emerging as the immediate winners in the aftermath of the U.S.-EU trade deal agreed on Sunday. The new accord removes the overhang of more punitive tariffs, providing a relief rally to stocks in the sector. Under the agreement, details of which have not yet been revealed, exports from the…
Key Points The U.S. and European Union on Sunday announced a trade agreement, including 15% tariffs on EU goods imported to the U.S. It comes just days ahead of the Aug. 1 deadline which would have seen EU goods be hit with a 30% tariff rate. However there are concerns that the deal is “unbalanced”…
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China’s International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 10, 2025. Keystone/eda/martial Trezzini | Via…
US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions. Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent will lead the delegations through Tuesday in Stockholm — their third meeting in less than three months. The…
China’s BYD Co. is forging ahead with its attempts to expand in India despite roadblocks from the government that are preventing the electric vehicle maker from conducting key business dealings there. Like most Chinese companies, BYD has been unable to obtain visas for executives after a deadly clash between Indian and Chinese soldiers along a…
A failed campaign in Taiwan to unseat lawmakers has handed Beijing and the island’s opposition new ammunition against President Lai Ching-te, potentially deepening a political deadlock that prevents his government from strengthening defenses against China. All 24 Kuomintang lawmakers survived recall votes over the weekend, dealing a blow to Lai’s Democratic Progressive Party and its…
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…
This week on “Face the Nation with Margaret Brennan,” director of the U.S. Office of Management and Budget, Russell Vought, joins to discuss President Trump’s trip to a Federal Reserve facility with Fed Chair Jerome Powell ahead of his departure for Scotland. Meanwhile, The Ohio State University President Ted Carter joins to explain how he’s…