US President Donald Trump is expected to approach his coming summit with Xi Jinping by relying on personal chemistry and his “gut”, but his ability to charm the Chinese leader will be limited at best, analysts and former government officials in Washington said on Tuesday. The first meeting in six years between the heads of…
CHATTANOOGA–The prevailing idea that the U.S. and China are locked in a trade war is missing the point, according to Leland Miller. What the two countries are engaged in is a war over who controls supply chains and “choke points” for critical products. At the FreightWaves’ Festival of Freight (F3) conference here, Leland Miller, the…
Published on Oct 21, 2025 01:43 pm IST U.S. President Donald Trump struck a defiant yet confident tone on trade relations with China while hosting Australian Prime Minister Anthony Albanese at the White House. Trump praised Beijing for treating Washington “with great respect,” but warned that if no “fair deal” is reached by November 1,…
S&P 500 futures rose 0.27% this morning, premarket, with indexes in Asia and Europe also broadly rising as traders savored strong economic growth in China, a new “pro-stimulus” government in Japan, and the prospect that President Trump may not be in a position to impose 100% tariffs on Beijing starting Nov. 1. Investors are also…
The Chinese economy slowed in growth in the third quarter. Meanwhile, the White House and Beijing are expected to resume trade talks after President Trump announced a 100% tariff against China that would take hold Nov. 1. CBS News MoneyWatch correspondent Kelly O’Grady breaks it down. Source link
Bitcoin is once again caught in the crossfire of a high-stakes geopolitical standoff. This time, the knock-on effects are being felt across every corner of the crypto market. The script is familiar: The return of U.S.–China trade tensions has triggered a sharp correction in Bitcoin, echoing a pattern seen earlier this year. When escalating tariffs…
US Treasury Secretary Scott Bessent confirmed plans to speak with Chinese Vice-Premier He Lifeng on Friday in a further sign of easing tensions ahead of a potential meeting between the two countries’ leaders. “The vice-premier, who is my counterpart, and I will be speaking this evening at around 8.30, 9 o’clock,” Bessent said at the…
The sustained trade war with China is “not sustainable,” President Donald Trump admitted Friday during an interview with Fox News. Speaking with anchor Maria Bartiromo about the current status of the trade relationship, the president confirmed that he is slated to meet with Chinese President Xi Jinping in Korea at the APEC Summit at the…
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…
Merz has been under rising political pressure at home to do more to address Germany’s economic malaise. Following two straight years of economic contraction, economists expect little if any growth this year, in part due to U.S. President Donald Trump’s tariff policies, which hit Berlin’s export-oriented economy particularly hard. German business leaders are now urging…