Page 5 - Us China Trade War

US-China trade talks nearing agreement for Trump, Xi to review: US envoy

US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng on the sidelines of Asean summit

China's vice premier, top negotiator attend second day of US trade talks

The Chinese economic officials are meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer

Trump begins Asia trip; eyes talks with China's Xi, Malaysia trade deal

President Donald Trump headed for Asia for the first time this term, a trip where he is expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to de-escalate a trade war. I think we have a really good chance of making a very comprehensive deal, Trump told reporters traveling with him on Air Force One. He said he plans to discuss fentanyl trafficking with Xi, as well as China's lack of soybean purchases from the United States. "I want our farmers to be taken care of. And he wants things also, Trump said. The Republican president is using the trip to try to advance his diplomatic bona fides after recently brokering a ceasefire and hostage agreement between Israel and Hamas. During a refueling stop in Qatar on his long-haul flight to Malaysia, Trump met briefly aboard his plane with the ruling emir, Sheikh Tamim bin Hamad Al Thani, and the prime minister, Sheikh Mohammed bin Abdulrahman Al Thani. Trump said they talke

US, China move to defuse trade tensions ahead of Trump-Xi meeting

The Malaysian government and the U.S. and Chinese sides have provided few details about the meeting or any plans to brief the media about outcomes

Traders guide on what to expect from Trump's Asia tour and meeting with Xi

A successful Trump-Xi meeting, as predicted by US president, will inject calm into markets and likely revive appetite for risk assets from Asian shares to regional currencies tied to China's economy

US probes China's compliance with 2020 trade deal as Trump heads to Asia

U.S. officials are launching an investigation into whether China lived up to its commitments under a 2020 trade pact that President Donald Trump described at the time as an incredible breakthrough.' The announcement Friday by U.S. Trade Representative Jamieson Greer came the same day Trump was scheduled to head to Asia, where he said he will meet Chinese President Xi Jinping in an effort to ease trade tensions between the world's two biggest economies. Beijing has announced that Xi will travel to South Korea to attend a regional economic meeting and for a state visit, but it has yet to confirm that he will meet with Trump while both are in South Korea. The possible leaders summit is highly watched as trade tensions have risen again, with both countries imposing more trade restrictions on the other and Trump threatening a new 100% tariff on China. Beijing has demanded that the U.S. not threaten new restrictions while seeking talks with China, and it's not immediately clear how Greer'

Stock Market Close: Sensex slips 345 pts; Nifty at 25,795; FMCG, bank stocks fall

Sensex Today | Stock Market Close Highlights, Oct 24: Among the broader markets, the Nifty Midcap 100 was closed lower by 0.24 per cent, and the Nifty Smallcap 100 index was down 0.21 per cent

Asian shares rise as US earnings, Trump-Xi meeting boost investor sentiment

As the US government shutdown blots out most economic data, the spotlight is on Friday's consumer price figures for signals about next week's policy meeting at the Federal Reserve

Trump seeks quick wins on trade, fentanyl and rare-earths in key Xi meeting

Trump has also floated an elusive agreement on nuclear weapons and expressed a desire to convince Xi to pressure Russian President Vladimir Putin to end his invasion of Ukraine

Trump warns China over fentanyl smuggling via Venezuela ahead of meeting Xi

Trump will meet Chinese President Xi Jinping on October 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Busan, South Korea

China's $1 bn of daily US exports show Xi Jinping's bargaining power

Despite double-digit drops in the value of overall trade during the past half a year, some products have recently seen an increase from 2024

Asian stocks rise on easing US-China trade tensions, Nikkei hits record

A broad rally sent all three major US stock indexes to a sharply higher close overnight with chip stocks hitting a record high

US, Australia sign agreement on critical-minerals as way to counter China

President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the US eyes the continent's rich rare-earth resources when China is imposing tougher rules on exporting its own critical minerals abroad. The two leaders described the agreement as a USD 8.5 billion deal between the allies. Trump said it had been negotiated over several months. In about a year from now we'll have so much critical mineral and rare earth that you won't know what to do with them," said Trump, a Republican, boasting about the deal. "They'll be worth USD 2. Albanese added that the agreement takes the US-Australia relationship to the next level. This month, Beijing announced that it will require foreign companies to get approval from the Chinese government to export magnets containing even trace amounts of rare-earth materials that originated from China or were produced with Chinese technology. The Trump administration says this gives Chin

Trump warns of 155% tariffs on China if trade deal not finalised by Nov 1

Trump warned of potential steep tariffs on Chinese goods if a trade deal isn't reached after his meeting with Xi Jinping later this month. However, he expressed his optimism for a 'fair' agreement

Trump official cautions China against penalising firms investing in US

Greer's warning comes amid ongoing US-China maritime disputes, with China controlling over half the world's shipbuilding and seeking greater influence in the South China Sea

China's economy slows to 4.8% in Jul-Sep amid trade tensions, weak demand

China's economy expanded at the slowest annual pace in a year in July- September, growing 4.8 per cent, weighed down by trade tensions with the United States and slack domestic demand. The July-September data was the weakest pace of growth since the third quarter of 2024, and compares with a 5.2 per cent pace of growth in the previous quarter, the government said in a report Monday. In January-September, the world's second largest economy grew at a 5.2 per cent annual pace. Despite US President Donald Trump's higher tariffs on imports from China, the country's exports have remained relatively strong as companies shifted their sales to other world markets. Tensions between Beijing and Washington remain elevated, and it's unclear if Trump and Chinese leader Xi Jinping will go ahead with a proposed meeting during a regional summit at the end of this month. Xi and other ruling Communist Party members are convening one of China's most important political meetings for the year on Monday,

China accuses US of cyberattacks on national time centre in Xi'an

China has claimed that the US National Security Agency conducted years-long cyberattacks on its National Time Service Centre in Xi'an, targeting internal networks and devices

Chinese officials try to ease global concerns over rare earth export curbs

China's unprecedented move on rare earths sparked a global pushback over the past week, as officials from Europe and Japan voiced concerns over supply chain stability

US-China talks planned next week as Trump plays down trade tariffs

President Donald Trump expressed optimism that talks with Chinese officials could yield an agreement to defuse the crisis that saw the US leader threaten to drastically hike tariffs

Trump says proposed 100% tariffs on China not sustainable, blames Beijing

Trump also confirmed he would meet with Chinese President Xi Jinping in two weeks in South Korea - a meeting he had cast doubt on last week - and expressed admiration for the Chinese leader