Trade ties between the rival powers remain fraught, even as Bessent held “frank” talks over video with Chinese Vice-Premier He Lifeng on Saturday, with the pair set to hold fresh in-person negotiations this week. Yet, amid the tensions, Trump appears to have shown some restraint by not antagonising his counterpart, Xi Jinping, or challenging Beijing’s…
US President Donald Trump is expected to approach his coming summit with Xi Jinping by relying on personal chemistry and his “gut”, but his ability to charm the Chinese leader will be limited at best, analysts and former government officials in Washington said on Tuesday. The first meeting in six years between the heads of…
Published on Oct 21, 2025 01:43 pm IST U.S. President Donald Trump struck a defiant yet confident tone on trade relations with China while hosting Australian Prime Minister Anthony Albanese at the White House. Trump praised Beijing for treating Washington “with great respect,” but warned that if no “fair deal” is reached by November 1,…
Updated Oct 21, 2025 10:02 IST Photo : ET Now Digital 155% tariff from Nov 1 on China? What Donald Trump just said US President Donald Trump said on Monday that the US commands ‘great respect’ from Beijing and that he will reach a ‘fantastic deal’ with Chinese President Xi Jinping when the two leaders…
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 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…
China’s factories kept the country on track to reach this year’s growth target, powered by an export boom that’s papering over deeper vulnerabilities as leaders meet to chart the nation’s next half-decade. The world’s second-largest economy grew 4.8% in the third quarter compared with a year earlier, slightly above estimates. That laid a “solid foundation”…
Xi Jinping’s Power Move Before Meeting Trump; Fires Top Chinese Generals In Latest Purge A major shake-up rocks China’s Communist Party as President Xi Jinping expels top military generals in a sweeping purge. The Chinese Ministry of Defence confirmed that several high-ranking officials, including He Weidong, vice-chair of the Central Military Commission, and Miao Hua,…
The Chinese economy slowed in growth in the third quarter. Meanwhile, the White House and Beijing are expected to resume trade talks after President Trump announced a 100% tariff against China that would take hold Nov. 1. CBS News MoneyWatch correspondent Kelly O’Grady breaks it down. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 20, 2025 in New York City. Spencer Platt | Getty Images Stock futures are slightly higher Monday night after the previous session’s broad rally. Investors await a busy earnings week that could inform the trajectory of a market that keeps on…