China says no tariff talks with US, even as Trump insists otherwise

[ad_1] 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. […]

Musk’s Tesla gets lift as Trump cuts red tape on self-driving car rules to counter China

[ad_1] 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 […]

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

[ad_1] 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 […]

Wall Street Journal says China called Trump’s bluff, wins this round of tariff war but the good news is…

[ad_1] ‘It s**ks,’ Trump wrote about Wall Street Journal after it said Chin won this round of the tariff war. The Wall Street Journal came out with its verdict on the tariff war between the US and China and declared China as the winner of this round. But the good news is that at least […]

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

[ad_1] 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, […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 […]

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

[ad_1] 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 door is wide open’: China hints at willingness for trade talks while Trump hinted at tariff relief

[ad_1] 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 […]