The first test for a much-celebrated US–China trade truce is looming. US Treasury Secretary Scott Bessent hopes to finalise a rare earth deal by next week’s Thanksgiving holiday, but experts say a breakthrough is unlikely as the two sides maintain sharply different narratives of what was discussed and agreed on key issues. From rare earths…
WASHINGTON (AP) — President Donald Trump is expected to leave for Asia at the end of the week, betting that an around-the-world journey will help him untangle big issues that he can’t afford to get wrong. At stake is nothing less than the future of the global economy, which could hinge on whether he’s able…
US President Donald Trump hailed Friday what he called progress with Chinese President Xi Jinping including on selling blockbuster app TikTok, and said he would visit the Asian power, which offered a more cautious assessment of their talks. US President Donald Trump. File photo: The White House, via Flickr. The leaders of the world’s two…
WASHINGTON – When top U.S. and Chinese officials meet in Stockholm, they are almost certain to agree to at least leaving tariffs at the current levels while working toward a meeting between their presidents later this year for a more lasting trade deal between the world’s two largest economies, analysts say. Treasury Secretary Scott Bessent…
WASHINGTON (AP) — In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his trade wars, Trump is threatening to raise taxes on many goods from Canada, hike his universal tariff on imports from…