The United States on Wednesday announced the creation of a new critical minerals trading bloc aimed at reducing global dependence on China. US vice-president JD Vance outlined plans for this new trading zone at a 55-nation ministerial conference which included India’s external affairs minister S Jaishankar. US vice president JD Vance at the Critical Minerals…
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…
Donald Trump has found a new villain. After months of railing against India for buying Russian oil and hammering New Delhi with punitive tariffs, the US president is now training his guns on China. In his latest Truth Social post, Trump thundered that Nato nations must “stop buying oil from Russia” and unite to impose…
US Secretary of State Marco Rubio warned on Monday that energy prices could rise if the United States imposes secondary sanctions on China for refining Russian oil. The statement follows growing questions over why the U.S. imposed an additional 25% tariff on India for purchasing Russian oil, while taking no similar action against China.In an…
Chinese President Xi Jinping, widely regarded as a leader for life, is beginning to delegate authority to key organs of the ruling Communist Party, a first in his over 12-year rule. Xi’s move sparked speculation that he may be laying the groundwork for an orderly power transition or scaling back his role in preparation for…
United States President Donald Trump signaled that things are going “well” in China while talking about trade ties with the Asian country. Donald Trump’s remarks come after the White House indicated positive developments in trade relations with China last week.(File/AFP) While talking about the trade deficit and ties with China, Trump said, “We’re getting along…