WebinarsNew
Deep DiveNew
Explore Business Standard
The first state visit by the leader of China in more than a decade takes place next week when President Xi Jinping arrives in Washington for high-stakes talks - and a little schmoozing - at the White House with President Donald Trump. When Xi's plan lands at Joint Base Andrews just outside Washington on Wednesday, Trump will be there to welcome Xi for the state visit, senior administration officials told reporters. That's unusual -- Trump typically meets foreign leaders at the White House. The heart of the visit comes Thursday when Trump and first lady Melania Trump welcome Xi and his wife Peng Liyuan at an arrival ceremony held indoors on the State Floor of the White House. Trump and Xi will also participate in a review of troops in the Rose Garden before they retreat behind closed doors for their talks. The first lady and Peng Liyuan will hold a separate engagement while their spouses get down to business. Details were not released during a call the officials held Friday to brief
President Donald Trump is moving toward levying a new tariff on China that would penalise the world's second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalised, said Trump is considering setting the new tariff at 7.5 per cent. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese President Xi Jinping expected to take place in late September. The move, if finalised, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump's plan to implement a sweeping, high-tariff scheme not seen since the 1930s. After that decision, the Trump administration announced in March it was launching formal investigations ...
US President Donald Trump returned from a visit to China, describing his discussions with President Xi Jinping as a meeting between the leaders of two great countries. Trump landed at Joint Base Andrews in Maryland on Friday evening, claiming to have secured significant trade agreements, including the sale of 200 aircraft from Boeing to China, with a promise for an additional 750. He also highlighted a commitment to support the American agriculture sector. The US President made a brief refuelling stop in Anchorage, Alaska, before returning. In an interview with Fox News following his meeting with Xi on Thursday, Trump said, "It's the two great countries. I call it the G-2. I think it'll go down as a very important moment in history." The Washington Post reported that Trump's remarks put China on an equal footing with the US, which was a goal Xi had sought to achieve during the visit. "Over two days of meetings here, the carefully choreographed pageantry and the reciprocal gestures