TORONTO—Over the past 17 months, as President Trump has freighted Canada’s economy with several rounds of punishing tariffs, Prime Minister Mark Carney has often repeated the guiding maxim for his negotiations with the U.S.: No deal is better than a bad one. Canada’s Prime Minister Mark Carney walks to speak with the news media after…
China’s vice premier He Lifeng and US Treasury Secretary Scott Bessent are expected to attend the meeting in South Korea Wednesday. (File pic) BEIJING: Senior Chinese and US officials will hold talks in South Korea in the coming days, Beijing’s commerce ministry and Washington’s treasury secretary said Sunday, ahead of an expected summit between leaders…
“I HAVE A lot of respect for President Xi,” Donald Trump declared in recent days. “He likes me a lot, I believe, and respects me.” America’s leader is betting on charm and magnetism to win the day when he sees his Chinese counterpart on October 30th in South Korea. It will be the most important…
Global equities paused their record-breaking rally in Asian trading as investors braced for a flurry of earnings from megacap technology companies and policy announcements from major central banks this week. Asian sharesfell 0.4% and futures pointed to a weaker open for Europe. Japanese shares extended their drop as the yen gained. Contracts for the US…
US President Donald Trump on Monday warned that his administration could impose tariffs as high as 155 per cent on Chinese imports from November 1 if trade negotiations between the two countries fail to produce an agreement. Speaking at the White House after talks with Australian Prime Minister Anthony Albanese, Trump said Beijing had shown…
Beijing and Washington conducted working-level talks on Monday despite a renewed escalation in trade tensions, China’s Ministry of Commerce has said, urging the US to “show sincerity for dialogue”. “The US cannot engage in dialogue while intimidating and threatening to impose new restrictions. This is not the right way to deal with China,” the ministry…