BUSAN, South Korea (AP) — Three-digit tariffs are off the table, but import duties on each other are higher than in January. Rare earth materials will flow more smoothly, but China has put in place an export permitting regime that it can tighten or loosen as needed. Port fees will go away, but only for…
Treasury Secretary Scott Bessent says China approved TikTok transfer deal – CBS News Watch CBS News U.S. Treasury Secretary Scott Bessent said Thursday that China has approved a TikTok transfer deal. CBS News White House reporter Willie James Inman has more. Source link
By Doina Chiacu and Alexandra Alper (Reuters) -The U.S. will suspend for one year a new measure that vastly expanded the number of Chinese firms facing tough restrictions on access to U.S. technology, U.S. Treasury Secretary Scott Bessent said on Thursday. The move, agreed as part of President Donald Trump and Chinese leader Xi Jinping’s…
Topline President Donald Trump agreed to several concrete concessions in his meeting with Chinese President Xi Jinping Wednesday, most notably a decrease in tariffs, but Beijing’s offers appear more vague and tentative, leading experts to conclude that Xi has successfully manipulated Trump’s trade wars to China’s advantage. Chinese President Xi Jinping meets with U.S. President…
President Donald Trump and President Xi Jinping reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war. China has agreed to pause for one year the sweeping export controls on…
U.S. President Donald Trump speaks with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters President Donald Trump’s call for the U.S. to resume nuclear testing after a more than 30-year pause…
Tourists visit the Nanjing Road Scenic Area in Shanghai, China, on October 20, 2025. Nurphoto | Nurphoto | Getty Images Many people in China cheered the meeting Thursday between President Xi Jinping and U.S. President Donald Trump, after months of escalating bilateral tensions. Every time the two leaders meet, it helps ease tensions and creates…
US president says rare earths issue settled after ‘amazing’ meeting with Chinese counterpart. Published On 30 Oct 202530 Oct 2025 Click here to share on social media share2 Share Gyeongju, South Korea – United States President Donald Trump has announced an agreement with China to lower some US tariffs and avert Chinese export controls on…
DUBAI, United Arab Emirates (AP) — President Donald Trump’s comments Thursday suggesting the United States will restart its testing of nuclear weapons upends decades of American policy in regards to the bomb, but come as Washington’s rivals have been conducting their own atomic tests and expanding their arsenals. Nuclear weapons policy, once thought to be…
US President Donald Trump said Thursday that he had agreed to cut fentanyl-related tariffs on China to 10% after talks with Xi Jinping in South Korea. He said tariffs on China have been slashed to 47% from 57%— in exchange for Beijing resuming US soybean purchases, keeping rare earths exports flowing and cracking down on…