Optimism for U.S.-China trade deal as Trump kicks off Asia trip
Ahead of a high stakes meeting between President Trump and Chinese President Xi Jinping, both sides are signaling optimism for reaching a new trade agreement. Weijia Jiang reports.
Ahead of a high stakes meeting between President Trump and Chinese President Xi Jinping, both sides are signaling optimism for reaching a new trade agreement. Weijia Jiang reports.
Jim Farley discusses the difficulties of tariffs in imported parts, which have cost Ford $2 billion and may give an advantage to their competitors. He also explains why he drives a Chinese-made electric vehicle.
TLDR The United States and China have initiated trade talks to ease Trump tariffs ahead of the October 30 summit. Chinese Vice-Premier He Lifeng and U. S. Treasury Secretary Scott Bessent are leading the discussions in Kuala Lumpur. The focus of the talks includes addressing critical trade and economic issues impacting both nations. Trade experts anticipate [.] The post Trump Tariffs in Focus as U. S. and China Hold Key Trade Discussions appeared first on CoinCentral.
President Trump’s visit shows how the United States and China are vying for influence in Asia over trade, technology and the fate of Taiwan.
The president recently extended exemptions for US firms using imported auto parts, and announced plans to slap fresh tariffs on foreign heavy-duty trucks to make American alternatives more competitive.
President Trump called off trade negotiations with Canada on Thursday after the government of Ontario, the most populous province in Canada, released an advertisement that featured remarks from former President Reagan that criticized tariffs. The advertisement’s launch last week signalled the start of the Ontario government’s “new advertising campaign” in the U.S. against tariffs, which…
Doug Ford has built a reputation for picking fights with President Trump and getting under his skin with publicity-grabbing moves as U.S. tariffs have harmed Ontario’s economy.
Venture capitalist Joe Lonsdale, a key supporter of President Trump, suggested Thursday that the president was “terribly advised” on his decision to pardon Binance founder Changpeng Zhao. “I love President Trump; this is possibly the greatest admin of my lifetime — except for these pardons,” Lonsdale wrote Thursday in a post on social platform X,…
What began as a populist revolt against so-called elites has become a program of state ownership, price fixing and top-down industrial control.
President Donald Trump announced a peace deal to end the war in Gaza earlier this month, to tremendous fanfare and praise but now his administration is scrambling to prevent it from falling apart, while privately raging at how Israel is putting the whole thing in jeopardy. This follows recent reporting that the administration was fearful the deal would fall apart altogether. According to Politico, “the mounting frustrations come as a succession of senior officials are passing through Israel this week looking to keep a fragile ceasefire in place. They see some recent developments the Israeli Defense Force’s counter-attack in Gaza on Sunday, and the Knesset’s vote in favor of West Bank annexation, which Trump has ruled out as detrimental to the already fragile agreement between Israel and Hamas.”Vice President JD Vance reportedly relayed a “firm message” to Israeli Prime Minister Benjamin Netanyahu from the United States this week in response to the uncertainty. However, the report continued, despite Netanyahu promising that there would be a limited, measured response to the Hamas attack on two IDF soldiers, “The counter-attack on Sunday left more than 40 civilians dead. Senior U. S. officials expressed their frustration about the severity of the attack, telling one Arab ally that Israel was ‘out of control,’ one of the two people familiar with the conversation said.”Trump has also turned his fury on Hamas, warning them in a recent post online that “There is still hope that Hamas will do what is right. If they do not, an end to Hamas will be FAST, FURIOUS, & BRUTAL!”.