Trump plays up prospects of ‘fair deal’ on trade with China

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 […]

‘Trump chickened out’ trending on Chinese social media as China says no tariff negotiation going on with the US

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 […]

China and Kenya pledge to upgrade ties, oppose tariffs | World News

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 […]

Kenyan president vows closer ties to China during visit amid Trump’s trade war

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 […]

Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’

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 […]

‘China is an example’: Trump says US going to get fair trade deal with every country

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 […]

‘The door is wide open’: China hints at willingness for trade talks while Trump hinted at tariff relief

China on Wednesday signaled a renewed willingness to engage in trade negotiations with the United States, declaring that “the door for talks is wide open” amid ongoing tariff tensions.The statement follows recent comments by US President Donald Trump, who hinted that the sweeping tariffs on Chinese imports—some as high as 145 percent—could be significantly reduced […]

Trump signals tariff rollback on China- What changed

Representational AI image US president Donald Trump suggested on Wednesday that the 145% tariffs he imposed on Chinese imports will not last. Speaking from the Oval Office on Tuesday, Trump told reporters the tariff rate would eventually “come down substantially.” He acknowledged that the current rate was unsustainable but emphasised that it would not return […]

End to US-China trade war? Trump now says tariffs on China will ‘come down substantially’

US president Donald Trump has suggested that the historically high tariffs he imposed on Chinese imports will not last. Speaking from the Oval Office on Tuesday, Trump told reporters the 145% tariff rate would eventually “come down substantially,” even as he maintained a confident tone about the US’s bargaining position.“145% is very high, and it […]