China on Saturday slammed the “extreme selfishness” behind tariffs, indirectly referring to the steep duties imposed by US President Donald Trump, describing it as an “unjustified trade war.”According to the Chinese foreign ministry’s statement, top diplomat Wang Yi told his Uzbek counterpart Bakhtiyor Saidov on Friday that, “Certain countries” resort to “pressure and coercion, and […]
China has insisted it is not holding trade negotiations with the United States, despite President Donald Trump’s claim that he had received a call from Chinese leader Xi Jinping. In an interview with Time magazine published Friday, Trump did not specify when the alleged conversation occurred or what was discussed, simply saying, “He’s called. And […]
The Trump administration is rolling back regulatory hurdles for self-driving cars to give US automakers, includint Tesla, a competitive edge in the global race for vehicle automation. The US department of transportation announced on Thursday that carmakers can now apply for exemptions from certain federal safety rules, provided the self-driving vehicles are used for research, […]
WASHINGTON: US President Donald Trump late on Wednesday played up prospects of a “fair deal” on trade with China, but his top officials offered few details of how Washington might de-escalate its damaging tariff war with Beijing. Trump told reporters his country would have a “fair deal with China,” adding that “everything’s active” when asked […]
Wall Street Journal says China has won this round of the trade war as President Trump blinked first. The US-China trade war took a new turn with China on Thursday denying what President Donald Trump has been claiming over the past few days — that trade talks are going on actively with all countries, including […]
BEIJING: China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart William Ruto in Beijing.Relations between Beijing and Nairobi will be upgraded to a “China-Kenya community with a shared future for the new era”, Chinese state news agency […]
William Ruto and Xi Jinping (AP) BEIJING: Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global trade war triggered by Washington could deal a “death blow” to the current world order. Ruto is on a five-day visit to China, his third trip to Beijing since […]
Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of the […]
Donald Trump held an impromptu press conference outside the White House Wednesday morning. A day after softening his stance on trade war against China, President Donald Trump on Wednesday said his administration is in discussion with China on trade and that negotiations with countries are “going very well”. Trump made an impromptu comment outside the […]
