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…
WASHINGTON (AP) — President Donald Trump said Monday that the U.S. commands “great respect” from Beijing and that he will reach a “fantastic deal” with Chinese President Xi Jinping when the two leaders meet soon. Trump’s remarks come after Beijing infuriated him by expanding export controls on rare earth products that are used in smartphones,…
US President Donald Trump voiced doubt Monday that China would invade Taiwan as he voiced confidence in his relationship with counterpart Xi Jinping, whom he will meet later this month. US President Donald Trump gestures during a meeting with Australia’s Prime Minister Anthony Albanese in the Cabinet Room at the White House, in Washington, D.C.,…
China’s ruling Communist Party kicked off a key four-day conclave on Monday that will determine the country’s development over the next five years. The fourth plenum of the party’s Central Committee began on Monday morning, according to state news agency Xinhua. Party General Secretary Xi Jinping, who is also the nation’s president, delivered a work…
BEIJING (AP) — Chinese leader Xi Jinping delivered a speech Monday on the opening day of a major meeting of the ruling Communist Party to approve a draft plan laying out its goals for the country over the next five years. A short dispatch from the official Xinhua News Agency said Xi “expounded on the…
BEIJING – Chinese leader Xi Jinping delivered a speech Monday on the opening day of a major meeting of the ruling Communist Party to approve a draft plan laying out its goals for the country over the next five years. A short dispatch from the official Xinhua News Agency said Xi “expounded on the Party…