Trump-Xi meet in South Korea US President Donald Trump hinted at the possibility of a trade deal between US and China as he meets Xi Jinping in South Korea for a high-stakes talks, amid looming tariffs and trade tensions.When asked by a reporter, “Mr President, do you plan to sign a trade deal today?” Trump…
Chinese and US trade negotiators have lined up an array of diplomatic wins for Donald Trump and Xi Jinping to unveil at a summit this week. Those easy hits are pleasing investors, but leave deeper core conflicts unresolved. US President Donald Trump and China’s President Xi Jinping shake hands(REUTERS) President Donald Trump told reporters on…
President Donald Trump announced new tariffs on Canada on Saturday, but he said there is a good chance of a “comprehensive deal” to cool trade tensions with China. The split screen emerged this weekend as Trump kicked off his first trip to Asia this term, a three-country sprint expected to focus heavily on trade. Trump…
US President Donald Trump on Friday embarked on a tour of Asia that many hope will ease trade tensions in the region and repair damaged ties with China. The talks between Donald Trump and Xi Jinping are expected to calm trade tensions.(AP File Photo) Trump, who left Washington on Friday night, is set for a…
US President Donald Trump and Chinese President Xi Jinping will make state visits next week to South Korea when the country hosts Asia-Pacific Economic Cooperation (APEC) events, South Korea’s top security adviser said on Friday. As part of a trip to Asia, Trump will meet Xi next week in South Korea, the White House said…
US President Donald Trump will meet Chinese President Xi Jinping next week as part of a trip to Asia, the White House said on Thursday, confirming the meeting which had been called into question following an escalation in trade tensions. US President Donald Trump (L) shakes hands with China’s President Xi Jinping during a press…
A number of stocks fell in the afternoon session after new trade tensions and disappointing earnings from major tech companies weighed heavily on investor sentiment. A key driver was the news that the White House is considering new restrictions on Chinese exports that use U.S. software, a move that could significantly impact technology companies. This…
Gold prices tumbled in their biggest daily drop in over ten years as a stunning rally in precious metals came to a halt. Futures for the yellow metal (GC=F) dropped as much as 5.5% to hover near $4,141 per troy ounce, on pace for their largest one-day drop in 12 years. Silver futures (SI=F) also…
Trade tensions between Beijing and Washington have intensified. China announced increased export controls on rare earths, while the U.S. threatened to raise tariffs to 100% and tighten software export restrictions. The Fourth Plenum, scheduled from 20 to 23 October, will outline China’s economic, political, and social agenda along with its development plans for the next…
International Monetary Fund chief Kristalina Georgieva on Friday said she hoped the U.S. and China could ease trade tensions and avoid a cutoff in the flow of rare earths to the global economy that she said would have a “material impact” on growth. Such a scenario would exacerbate uncertainty and hurt an already weakened global…