‘Fantastic deal or 155% tariffs’: Trump sets tone ahead of Xi meet on US-China trade talks – watch

US President Donald Trump on Monday set the tone for his upcoming meeting with China’s President Xi Jinping, saying the two countries would strike a “fantastic deal” — and warning that failure to reach an agreement could see China face potential tariffs of 155%.“I think we’re going to end up having a fantastic deal with […]

Tariff war: Trump says he’s ‘not looking to hurt China’; lists key demands for trade deal

US President Donald Trump on Monday suggested that he might reduce tariffs on Chinese goods, but only if Beijing agrees “to do things” for the United States. These concessions include buying more US soybeans, halting restrictions on rare earth minerals, and other security concerns. Speaking with reporters aboard Air Force One, he said, “They’re paying […]

Trump-Xi meeting still on! ‘Substantial communication’ between US-China, says US treasury secretary; What’s next?

The meeting between US President Donald Trump and Chinese President Xi Jinping is still very much on the table even as the two countries get embroiled in escalating trade tensions.US treasury secretary Scott Bessent on Monday said that he still expects a meeting between the two presidents.“He will be meeting with Party Chair Xi in […]

China to ‘moderately reduce’ number of US film imports: China Film Administration

Beijing: China’s Film Administration said on Thursday it would “moderately reduce” the number of US films it imported into the country, as a standoff between the world’s two largest economies escalates. US President Donald Trump on Wednesday raised tariffs on Chinese goods to 125 percent, while China has imposed retaliatory levies of 84 percent. And […]