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 […]