By Andrea Shalal, David Lawder and Susan Heavey WASHINGTON (Reuters) -Top U.S. officials headed to Malaysia on Wednesday to defuse a spike in U.S.-China trade tensions over Beijing’s move to curb exports of rare earth magnets, and keep next week’s planned meeting of U.S. President Donald Trump and Chinese President Xi Jinping in South Korea…
By Jeff Mason, Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. President Donald Trump said on Wednesday he expected to reach agreements with Chinese President Xi Jinping when they meet in South Korea next week that could range from resumed soybean purchases by Beijing to limits on nuclear weapons. Trump told reporters in the Oval…
President Trump and Australian Prime Minister Anthony Albanese signed the framework of the critical minerals deal Monday that aims to boost US access to both the mining and processing of Australian rare earth resources. It was a move aimed squarely at China — which recently moved to choke off its own rare earth mineral exports…
US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with…
China’s top trade negotiator, Li Chenggang, has been dismissed from his role as the country’s permanent representative at the World Trade Organization. This change was announced by state news agency Xinhua as part of a broader list of ambassadorial appointments and dismissals overseen by President Xi Jinping. Source link
The stock market will enter the third week of the government shutdown after a five-day run of market volatility shaped by US-China trade relations. At the closing bell on Friday, the S&P 500 (^GSPC), tech-heavy Nasdaq Composite (^IXIC), and Dow Jones Industrial Average (^DJI) all managed to eke out wins to cap a volatile week…
United States President Donald Trump said on Friday, October 17, that his proposed 100 per cent tariffs on Chinee imports would not be sustainable, as he hoped that ties with the country would be fine when he meets President Xi Jinping in South Korea in two weeks. The US President also blamed China for the…
Western theoretical frameworks are often ill-suited for China studies, according to Chinese academics who called instead for research that was grounded in the country’s specific context. The case for a tailored approach, bolstered by field research to correct biases and enable deeper understanding, was made at this week’s World Conference on China Studies in Shanghai,…
China’s second-ranked military general has become the latest in a series of top brass to come under investigation for corruption, China’s Ministry of National Defence announced on Friday. He Weidong, vice-chairman of the Central Military Commission (CMC) and a member of the 24-man Politburo, was expelled from the Communist Party and the army, the ministry…
The impact of President Trump’s tariffs is expected to weigh on economic growth worldwide in 2025, according to the International Monetary Fund’s new World Economic Outlook released Tuesday. “The outlook for the global economy continues to point to dim prospects, both in the short and the long term,” according to the IMF report. Global growth…