GYEONGJU, South Korea (AP) — President Donald Trump is set to meet face-to-face with Chinese leader Xi Jinping on Thursday, a chance for the leaders of the world’s two largest economies to stabilize relations after months of turmoil over trade issues. Trump’s aggressive use of tariffs since returning to the White House for a second…
KUALA LUMPUR, Malaysia (AP) — China signed an expanded version of a free trade agreement Tuesday with the Association of Southeast Asian Nations, with Chinese Premier Li Qiang pitching expanded economic ties with his country as an alternative to the protectionist policies of U.S. President Donald Trump. Li Qiang told an ASEAN-China summit meeting after…
SANTA CRUZ DO RIO PARDO, Brazil (AP) — Brazilian farmer Andrey Rodrigues wasn’t planning to beef up soybean production for next year’s harvest until a couple of months ago, but now he’s extra hopeful. What has him and his fellow Brazilian farmers planting more soybeans is the trade war between the Trump administration and China…
WASHINGTON (AP) — President Donald Trump pulled out of trade talks with Canada Thursday night, furious over what he called a “fake’’ television ad from Ontario’s provincial government that quoted former U.S. President Ronald Reagan from 38 years ago criticizing tariffs — Trump’s favorite economic tool. The ad features audio excerpts from an April 25,…
The Ronald Reagan Presidential Foundation and Institute is drawing a volatile mix of blowback and praise for arguing that a Canadian government advertisement playing in U.S. markets misrepresented the 40th president’s words to blast President Donald Trump’s tariff policies. It is not clear how the California-based Reagan Foundation decided to enter the fray over the…
WASHINGTON (AP) — President Donald Trump is expected to leave for Asia at the end of the week, betting that an around-the-world journey will help him untangle big issues that he can’t afford to get wrong. At stake is nothing less than the future of the global economy, which could hinge on whether he’s able…
WASHINGTON (AP) — President Donald Trump said Monday that the U.S. commands “great respect” from Beijing and that he will reach a “fantastic deal” with Chinese President Xi Jinping when the two leaders meet soon. Trump’s remarks come after Beijing infuriated him by expanding export controls on rare earth products that are used in smartphones,…
BEIJING (AP) — China signaled Sunday that it would not back down in the face of a 100% tariff threat from President Donald Trump, urging the U.S. to resolve differences through negotiations instead of threats. “China’s stance is consistent,” the Commerce Ministry said in a statement posted online. “We do not want a tariff war…
NEW YORK (AP) — For months, bubbling trade tensions between China and the U.S. seemed to calm to a simmer, with words like “thaw” and “truce” swapped in for warnings of economic “war.” Now, hostilities appear to be returning to full boil. A series of tit-for-tat moves this week by the two superpowers has thrust…
WASHINGTON (AP) — President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on Nov. 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession. The president expressed frustration with new export controls placed on rare earth elements by China…