China, Trump and Xi Jinping
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US President Donald Trump, in a post on his social media platform, Truth Social, issued a clarification on reports of his visit to China. In a post shared earlier today, the 47th president of the US said,
After previously saying that the US would block exports of key AI chips to China, Donald Trump's administration has backtracked.
U.S. senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents and Taiwan, emphasizing security and human rights as President Donald Trump focuses on trade with Beijing.
The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold.”
South Africa exports mainly raw materials and minerals to China while importing manufactured and capital goods, running a trade deficit of $9.7bn in 2023. Diplomatically, South Africa has moved away from a tradition of non-aligned pragmatism.
The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday.
President Donald Trump has said that he is "not seeking anything," but added that he may visit China "at the invitation of President Xi."
As President Donald Trump’s team continues talks with Chinese officials in Stockholm, some European companies were getting a boost from the trade deal over the weekend that left rates lower than feared.
United Parcel Service reported a decline in second-quarter profit and revenue on Tuesday, as demand took a hit from new "de minimis" tariffs on low-value Chinese shipments and mounting risks from President Donald Trump's trade policies.
President Donald Trump is meeting with United Kingdom Prime Minister Keir Starmer in Turnberry, Scotland, this morning to discuss trade. The U.S. and United Kingdom reached an agreement on tariffs in May. Yesterday, Trump announced a trade deal with the European Union that would set tariffs at 15% for U.S. imports of most European goods.