'China is in middle of Recession, and they are ...', says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

‘China is in middle of Recession, and they are …’, says US Treasury Secretary Scott Bessent; accuses China of controls on resources vital for technology

FILE – President Donald Trump, left, shakes hands with China’s President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka. AP/PTI(AP10_13_2025_000160B) US Treasury Secretary Scott Bessent has accused China of attempting to undermine the global economy by imposing export controls on critical rare earth minerals and resources essential for technology…

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Trump-Xi meeting still on despite trade tensions, says US’s Bessent | International Trade News

Trump-Xi meeting still on despite trade tensions, says US’s Bessent | International Trade News

The secretary of the US Treasury says President Trump may call off his 100 percent tariff threat on China as negotiations continue. Plans for United States President Donald Trump to meet his Chinese counterpart Xi Jinping in South Korea in late October remain intact, despite resurgent trade tensions between the two countries, US Treasury Secretary…

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How Beijing’s latest trade measures could be ‘very positive’ for US-China relations

How Beijing’s latest trade measures could be ‘very positive’ for US-China relations

A new battery of Chinese trade “countermeasures” launched against the United States could be a “very positive” step towards stabilising bilateral relations, compelling the Trump administration to take a more grounded approach towards Beijing, a prominent academic has suggested. The assessment came as the White House dialled down its rhetoric on fresh trade tensions between…

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'President Xi had a bad moment': Trump says US wants to 'help' China; will he back down from 100% tariff threat?

‘President Xi had a bad moment’: Trump says US wants to ‘help’ China; will he back down from 100% tariff threat?

(AI image generated using ChatGPT) US President Donald Trump struck a markedly softer tone on China on Sunday, referring to President Xi Jinping as “highly respected” and insisting the United States wants to “help” China, not hurt it, despite escalating tensions over rare earths and looming tariffs. “Don’t worry about China, it will all be…

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