Page 2 - China Us Trade

Donald Trump leaves Beijing with few wins but warm words for Xi Jinping

During a huddle with reporters on the way back to the US, Trump said Xi told him he opposed Taiwan's independence

Xi Jinping hails 'landmark' summit with Trump, says many outcomes achieved

The two countries reached an 'important consensus' on maintaining stable economic and trade relations while expanding cooperation in various fields

Xi Jinping, Trump reach series of new common understandings: China

Chinese President Xi Jinping and his US counterpart Donald Trump had an in-depth exchange of views on major issues concerning the two countries and the world, and reached a series of new common understandings, a Chinese foreign ministry spokesperson said Friday. Xi and Trump, who is on a three-day visit to China, met twice on Thursday and discussed a range of bilateral and global issues. Trump is due to leave on Friday after a luncheon meeting with Xi. Summing up the outcomes of Trump's visit to Beijing, a Chinese Foreign Ministry spokesperson said the two presidents had an in-depth exchange of views on major issues concerning the two countries and the world and reached a series of new common understandings. They agreed on a new vision of building a constructive China-US relationship of strategic stability to provide strategic guidance for bilateral relations over the next three years and beyond. The two presidents also agreed to promote the steady, sound and sustainable developme

Trump's praise meets Xi Jinping's resolve as Beijing talks expose divides

In contrast to his rhetoric about China at home, President Trump spoke in conciliatory terms with Xi Jinping, the Chinese leader

US-China economic ties are 'win-win': Xi tells Trump during talks

Economic ties between China and the United States are mutually beneficial and win-win in nature, Chinese President Xi Jinping told US President Donald Trump during their talks, according to the Chinese official news agency Xinhua. "Yesterday, our economic and trade teams produced generally balanced and positive outcomes. This is good news for the people of the two countries and the world," Xi said. The Chinese president said facts have shown time and again there are no winners in trade wars, calling on both sides to jointly sustain the good momentum they have worked hard to build, Xinhua reported. "Where disagreements and frictions exist, equal-footed consultation is the only right choice," he said. Trump concludes tour of Temple of Heaven --------------------------------------------- Trump was expected to return to his hotel before he returns to the Great Hall of the People to attend a state banquet in his honour. Asian shares mixed and Chinese stocks trade ...

Why Xi Jinping may choose patience over rushing into a deal with Trump

President Xi Jinping of China is buying time for Beijing and may see an opening with a US president weakened by the war in Iran

US pushes back against Chinese astronomy expansion in South America

The US has pressed Argentina and Chile to review two Chinese telescope projects in the Andean deserts; astronomers are worried about setbacks to research

China confirms Trump's Beijing visit from May 13-15 amid Iran tensions

Trump, who last visited China in 2017, will meet Xi Jinping in a much-anticipated summit that's already been rescheduled once due to the Iran war

US, China eye rebalancing economic ties during upcoming Trump-Xi talks

The two countries will focus on identifying mutual areas of interest in trade

US sanctions China-based crude oil terminal operator for trading Iran oil

The US on Friday sanctioned a China-based crude oil terminal operator for importing petroleum products from Iranian entities and warned others of facing the same consequences if they paid a toll to Tehran to cross the Strait of Hormuz. "The US is taking decisive action to disrupt Iran's illicit oil trade, the Iranian regime's primary revenue streams that fund terrorism and regional destabilization," US Department of State spokesman Tommy Pigott said in a statement. Pigott said the department sanctioned multiple entities, an individual, and a vessel involved in the trade of Iranian petroleum and petroleum products. The action targets a China-based petroleum terminal operator - Qingdao Haiye Oil Terminal Co., Ltd. - that has imported tens of millions of barrels of sanctioned Iranian crude oil since February last year. The US also sanctioned Xingchun Li, a Chinese national and the president of QINGDAO HAIYE, and two vessel management companies UK-based Thriving Times International an

Chinese carmakers should be kept out of US, says Ford CEO Jim Farley

Farley warned of national security risks from allowing technology-laden Chinese vehicles to navigate US roads

China calculates its next steps in Iran ceasefire ahead of Trump's visit

With a fragile ceasefire agreement between the US and Iran holding for now, China is calculating its role in helping find a durable endgame to the war in the Middle East. After prodding China, which is more reliant on Persian Gulf oil than the US, to get involved in reopening the choked-off Strait of Hormuz, US President Donald Trump told French news outlet Agence France-Presse this week that he believed China played a part in encouraging Iran to agree to this week's temporary truce. Three diplomats who were familiar with China's behind-the-scenes efforts also confirmed that Beijing, the biggest purchaser of Iranian oil, used its leverage to urge the Iranians back to the negotiating table. It was a major moment for Beijing, which had decried the US and Israel's war against its economic partner Iran as misguided before getting directly involved in the push to call off the fighting, including discouraging strikes by Iran. Talks between the sides are expected to begin in Pakistan this

US voices concern over detentions of Panama-flagged vessels by China

The US on Thursday voiced concerns about over detentions of Panama-flagged vessels by China saying such "bullying" destabilises supply chains, raises costs and erodes confidence in the global trading system. "The United States stands with Panama against any retaliatory actions against its sovereignty and will always support our partners in the face of bullying," Secretary of State Marco Rubio said in a post on X. "The United States stands firmly with Panama and looks forward to increasing our economic and security cooperation with this important partner," the Department of State said in a statement. The statement came after China reportedly detained Panama-flagged ships for inspections at Chinese ports. US President Donald Trump is scheduled to visit China on May 14-15. China's action came in the wake of Panama cancelling contracts of Hong Kong-based C K Hutchison to operate two port terminals near the Panama Canal on direction of the Supreme Court and transferred interim operatio

US-China trade talks begin in Paris, paving way for Trump-Xi summit

Representatives from Beijing and Washington began their economic and trade talks in Paris on Sunday, paving the way for U.S. President Donald Trump's state visit to Beijing to meet Chinese leader Xi Jinping in about two weeks. The delegations, led by U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, convened in the French capital in the morning, China's official news agency Xinhua reported. The White House has said that Trump will travel to China from March 31 to April 2, though Beijing has not officially confirmed it. Bessent said on Thursday that his team will continue to deliver results that put America's farmers, workers and businesses first. The U.S. Treasury Department said Bessent will meet He on Sunday and Monday. China's commerce ministry said Friday the two sides are set to discuss "trade and economic issues of mutual concern." Trump's visit to China will be the first for a U.S. president since he went in his first term in 2017. It will come five .

US slated to receive $10 billion fee from investors for TikTok deal

The new entity, known as TikTok USDS Joint Venture LLC, will be responsible for moderating content on TikTok and protecting the data of US users

China's exports jump nearly 22% in Jan-Feb despite waning trade with US

China's exports rose nearly 22% in the first two months of the year from a year earlier, as its trade with countries other than the United States expanded. The export figures released by China's customs agency on Tuesday were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December. Imports in January and February rose almost 20%, up from December's 5.7% year-on-year increase. However, China's imports from the United States dropped nearly 27% from a year earlier. China's exports have been a bright spot for its economy despite tensions with the US. China's exports climbed 5.5% for 2025 as its trade surplus surged to a record of nearly $1.2 trillion. Higher shipments to other regions including Europe and Latin America helped offset a 20% drop in exports to the US as US President Donald Trump imposed a variety of higher tariffs on imports from much of the world. China's global trade surplus in January-February was $213.6 billion.

Trump pressures Latin American leaders to curb China's growing influence

The US imposed travel bans on three Chilean officials over the possible construction of a submarine fiber optic cable with China, while warning Peru against ceding control over a Chinese-built mega port. Under pressure from President Donald Trump, who had threatened to take the Panama Canal back under US control, the Panamanian government seized two ports at either end of the canal that had been run by a Hong Kong company. And when the US captured Venezuela's then-President Nicolas Maduro in January, China saw its extensive interests in the oil-rich country suddenly vulnerable. The Trump administration in recent weeks has taken forceful steps in one Latin American country after another aimed at curbing the influence and economic dominance of China. As part of his quest to restore US preeminence in the Western Hemisphere, the president is hosting Latin American leaders at his golf resort near Miami this weekend for a summit dubbed the "Shield of Americas." Supporters of the White Ho

US imposes new 10% global tariff starting Tues after Supreme Court verdict

It remains unclear whether and how companies will be refunded for tariff payments made under the regime annulled by the Supreme Court

India, China among winners after US Supreme Court blocks Trump tariffs

China, India and Brazil are among those now seeing lower tariff rates after SC ruled that Trump's use of the International Emergency Economic Powers Act to impose duties was illegal

Xi Jinping gains leverage ahead of summit with Trump after tariff reversal

Xi's team will likely push harder for access to advanced semiconductors, removal of trade restrictions on Chinese companies and reduced US support for Taiwan