When Donald Trump re-won the United States presidency in last year’s election, the Dumfries and Galloway News in Scotland greeted the news with this headline: “South West Scotland Hotelier Becomes President Of America For Second Time”. That more playful approach – a sign that the locals thought Trump, who owns luxury golf courses in Scotland,…
The White House has been optimistic about the prospects for an in-person summit with Chinese President Xi Jinping—the first of President Donald Trump‘s second term. Yet analysts say the Chinese leader is likely holding out for concrete deliverables before agreeing to the high-profile meeting. All Eyes on Sweden Trump dramatically escalated the trade war with…
US president says chances of reaching a trade deal with the EU are ’50-50′ ahead of his August 1 tariff deadline. United States President Donald Trump has arrived in Scotland, where he is set to meet with European and British leaders for trade negotiations and visit his golf courses. Trump landed in the United Kingdom…
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at Europe-China ties. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here. Fifty years after the European Economic Community (now the European Union) established diplomatic ties with mainland China, relations…
Chinese President Xi Jinping has said Europe and China must make the “correct strategic choices” in the face of recent global challenges during a summit with top European Union officials, which comes at a particularly rocky time in their relationship. “The current challenges facing Europe do not come from China,” Xi told visiting European Commission…
US officials are ‘optimistic’ that an agreement could be imminent. German Chancellor Friedrich Merz has said that negotiations between the European Union and the United States over a long-running trade dispute are making progress. Speaking in Berlin on Wednesday ahead of a dinner with French President Emmanuel Macron, Merz said, “We have been hearing in…
When Brazilian President Luiz Inacio Lula da Silva was in China earlier this year for his third meeting with Xi Jinping since returning to office in 2023, he hailed the relationship between the two countries as “indestructible”. That proximity will likely increase even more following United States President Donald Trump’s announcement of a 50 percent…
Top European Union officials Ursula von der Leyen and Antonio Costa are due to meet with Chinese President Xi Jinping in Beijing as the EU and China mark 50 years of diplomatic relations amid simmering tensions. Von der Leyen and Costa, who respectively head up the European Commission and the European Council, will arrive in…
United States President Donald Trump has announced that he has struck a “massive” trade deal with Japan following months of fraught negotiations. Under the agreement announced on Tuesday, the US will impose a 15 percent tariff on Japanese exports and Japan will invest $550bn in the US, Trump said. “We just completed a massive Deal…
Even as US President Donald Trump upends China’s factory floors, he seems to be laying the ground for an easing in the tech war. In a reversal this week, the White House told chipmaker Nvidia it could soon resume sales of its less advanced China-focused H20 artificial intelligence accelerator. AMD received similar assurances from the…