4 d. ago Xi takes spotlight at APEC summit after trade truce with Trump

GYEONGJU – Chinese President Xi Jinping took centre stage at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea on Friday, meeting counterparts from Canada, Japan, and Thailand after securing a fragile trade truce with US President Donald Trump. The agreement, reached just before Trump’s departure from South Korea, suspends further US curbs on China’s […]

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5 d. ago Trump, Xi reach breakthrough deal on tariffs and rare earth exports

US President Donald Trump announced on Thursday that he had reached a trade breakthrough with Chinese President Xi Jinping, agreeing to reduce US tariffs on Chinese goods in exchange for Beijing resuming American soybean purchases and keeping rare earth exports flowing. The two-hour meeting in the South Korean city of Busan, held on the sidelines […]

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8 d. ago Wang Yi, Rubio discuss trade, tensions before key Trump–Xi talks

China’s Foreign Minister Wang Yi held a phone call with US Secretary of State Marco Rubio on Monday, emphasizing the need for both nations to “meet halfway” ahead of an expected meeting between President Xi Jinping and President Donald Trump. The call aimed to prepare for upcoming high-level talks and reduce recent tensions between the […]

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9 d. ago US treasury secretary signals deal with China on rare earths, soybeans

US Treasury Secretary Scott Bessent on Sunday signalled a deal with China to avoid escalating a tariff-fueled trade war — just days before a summit between Presidents Donald Trump and Xi Jinping. In an interview with ABC’s “This Week,” Bessent said the US threat of a 100 percent tariff hike on Chinese goods had effectively […]

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1 week ago Trump says all trade talks with Canada terminated following anti

WASHINGTON: United States President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late president Ronald Reagan spoke negatively about tariffs. Trump imposed tariffs on Canadian steel, aluminum and autos earlier this year, prompting Ottawa to respond in kind. The two sides have been in […]

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3 w. ago Beijing accuses US of hypocrisy over new tariffs and rare Earth dispute

Beijing has accused Washington of escalating trade tensions after US President Donald Trump announced a 100% tariff on Chinese exports and new export controls on critical software. In response, China defended its recent curbs on rare earth exports, calling them lawful and necessary, while criticizing the US for blacklisting Chinese firms and imposing additional port […]

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3 w. ago Bitcoin drops 8% as Trump’s tariff war with China rattles global markets

NEW YORK – Bitcoin, the world’s biggest cryptocurrency, dropped 8.4% on Friday after US President Donald Trump intensified his trade fight with China. Trump announced 100% tariffs on Chinese exports to the US and new export controls on “critical software,” following China’s limits on rare earth exports used in tech and manufacturing. Read More: Crypto […]

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