2 d. ago Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free tradeThe Canadian prime minister, Mark Carney, has warned that the era of free trade and investment that formed the foundations of the postwar global economy has ended.In a stark message to Asia-Pacific leaders at the Apec summit in South Korea on Friday, Carney said rules-based open trade no longer worked in a global economy that was undergoing one of its most profound periods of change since the fall of the Berlin Wall in 1989. Continue reading...

Politics

3 d. ago The Guardian view on Trump and China: stepping back from the brink, but not solving problems | Editorial

Though the US president’s meeting with Xi Jinping appears to have staved off a global trade war, this is far from a win for WashingtonThe diverging verdicts offered by the Chinese and American leaders after their talks in South Korea on Thursday reflected more than the chasms between their personal styles and political cultures. Donald Trump gushed about an “amazing” meeting, scoring it 12 out of 10; Xi Jinping reportedly noted that a consensus had been reached, with the two sides needing to finalise follow-up steps rapidly.Mr Trump’s usual trade approach – shout loudly and wave a big stick – faltered when Beijing raised its own bludgeon. No tribute of gold crowns or Nobel nomination pledges were on offer from Mr Xi. The US president blinked first – but, predictably, attempted to repackage the underwhelming result as a great success. Continue reading...

Politics

3 d. ago Trump rates Xi meeting a ‘12’ out of 10 and brags about relationship with North Korea’s Kim Jong Un: Live updates

Trump lowered tariffs on China in exchange for promises to reduce the flow of fentanyl into the US

Politics

3 d. ago Trump hails ‘amazing’ Xi talks as he takes a shot at Schumer amid looming SNAP crisis: Live updates

Trump says first meeting with Xi in six years was a 'great success' with agreements on a range of issues

Politics

4 d. ago Donald Trump says rare earths dispute ‘settled’ after Xi Jinping meeting in South Korea – live updates

Summit on sidelines of Apec was the first between the leaders of US and China since 2019, and comes after tensions have been strained by Trump’s trade warIn the days leading up to the Trump-Xi meeting, American officials signalled that the US president did not intend to make good on a recent threat to impose an additional 100% import tax on Chinese goods.Also that China had shown signs it is willing to relax its export controls on rare earths as well as revive buying soybeans from the US.The relationship with China is very good.Because of the tremendous destructive power, I HATED to do it, but had no choice! Russia is second, and China is a distant third, but will be even within 5 years.Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately. Continue reading...

Politics

4 d. ago Trump strikes a deal with Xi Jinping to slash tariffs in exchange for fentanyl crackdown

Donald Trump struck a deal with Chinese President Xi Jinping during their first face-to-face meeting in six years to slash tariffs in exchange for Beijing cracking down on the fentanyl crisis.

Economics

4 d. ago Trump lowers tariffs and says deal reached on rare earths in ‘amazing’ Xi Jinping talks: Live updates

Trump says first meeting with Xi in six years was a 'great success' with agreements on a range of issues

Economics

4 d. ago Trump says agreement reached on tariffs and rare earths in ‘amazing’ Xi Jinping talks: Live updates

Trump met with Xi Thursday morning local time in South Korea

Politics

4 d. ago Donald Trump speaks after Xi Jinping meeting in South Korea – live updates

Summit on sidelines of Apec was the first between the leaders of US and China since 2019, and comes after tensions have been strained by Trump’s trade war In the days leading up to the Trump-Xi meeting, American officials signalled that the US president did not intend to make good on a recent threat to impose an additional 100% import tax on Chinese goods.Also that China had shown signs it is willing to relax its export controls on rare earths as well as revive buying soybeans from the US.The relationship with China is very good.Because of the tremendous destructive power, I HATED to do it, but had no choice! Russia is second, and China is a distant third, but will be even within 5 years.Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately. Continue reading...

Politics

4 d. ago South Korea to build nuclear submarine after Trump says US will share tech

Lee says if South Korea is equipped with nuclear submarines, it could help US activities in region

Politics

4 d. ago Trump leaves South Korea after talks with China’s Xi Jinping

US president hailed counterpart as a ‘great leader’ ahead of trade deal negotiations

Politics

4 d. ago Trump directs Pentagon to match Russia and China in nuclear weapons testing

US president makes threat in Truth Social post in wake of Russian nuclear-powered weapons tests, and shortly before meeting with Chinese leader Xi Jinping Trump meets Xi in South Korea – latest updatesDonald Trump has instructed the Pentagon to immediately start matching other nuclear powers in their testing of nuclear weapons, specifically citing Russia and China.In a Wednesday post to Truth Social, Trump said that “because of other countries’ testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately.” Continue reading...

Events

4 d. ago Donald Trump and Xi Jinping hold meeting in South Korea amid hopes for trade deal – live updates

Summit on sidelines of Apec is the first between the leaders of US and China since 2019, and comes after tensions have been strained by Trump’s trade warIn the days leading up to the Trump-Xi meeting, American officials signalled that the US president did not intend to make good on a recent threat to impose an additional 100% import tax on Chinese goods.Also that China had shown signs it is willing to relax its export controls on rare earths as well as revive buying soybeans from the US.The relationship with China is very good.Because of the tremendous destructive power, I HATED to do it, but had no choice! Russia is second, and China is a distant third, but will be even within 5 years.Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately. Continue reading...

Politics

4 d. ago Trump directs Pentagon to ‘immediately’ start testing US nuclear weapons

US president references China and Russia in Truth Social post shortly before meeting with President Xi JinpingTrump meets Xi in South Korea – latest updatesDonald Trump has instructed the US Department of Defense to begin testing nuclear weapons at a level equal to China and Russia.In a Wednesday post to Truth Social, Trump said that, “because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately.” Continue reading...

Events

4 d. ago Trump live: Major airport forced to ground planes as federal shutdown causes huge staff shortage

Shutdown-linked travel disruption comes as Trump prepares to meet Chinese counterpart Xi Jinping in South Korea for key talks to try and defuse trade war

Politics

4 d. ago Trump news live: President says South Korea trade deal is finalized after admitting he was ‘sad’ he can’t run for 3rd term

Trump, who declared he’s ‘not a king’ was awarded a gold crown during his visit to South Korea, one day before he’s set to meet with China’s leader Xi Jinping

Politics

4 d. ago Trump honoured with golden crown by South Korea: ‘I could wear it right now’

Donald Trump has been awarded South Korea’s highest honour, the Grand Order of Mugunghwa, for his contribution "to the national security of Korea."

Politics

4 d. ago Trump raises eyebrows with awkward Narendra Modi impersonation during APEC speech

Donald Trump raised eyebrows with an awkward impression of Indian Prime Minister Narendra Modi during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea.

Politics

4 d. ago Trump says he has ‘pretty much’ reached trade deal with South Korea

Agreement would give Seoul a tariff rate of 15% in return for $350bn of investment in US

Politics

5 d. ago Trump's crowning moment as South Korea's president gifts him golden crown just days after 'No Kings' protests

President Donald Trump was given a gift that will likely make the 'No Kings' protesters go a little mad - a replica of an ancient golden crown.

Politics