What Can Treasury Secretary Scott Bessent Win in China Talks?
President Trump hailed an agreement with Britain as a breakthrough — but far tougher negotiations, including with China, beckon. Source link
China
Read More
Trade War Shock Is Scrambling China’s Exports
Chinese government data released on Friday offered a peek into how the trade war is already reordering the flow of goods around the world. Exports from China jumped last month, driven by trade to other countries in Southeast Asia, even as President Trump’s tariffs on Chinese goods forced a sharp slowdown in shipments to the…
Trump offers help with India and Pakistan conflict
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | Reuters President Donald Trump on Wednesday offered to help dial back tensions between India and Pakistan, which has escalated as…
Countdown to Scott Bessent’s Trade Talks With China
An Israeli spyware company is ordered to pay Meta $167 million. A federal jury in California awarded Meta damages from the NSO Group, whose Pegasus software was used to hack 1,400 WhatsApp accounts belonging to journalists, human-rights activists and government officials. NSO plans to appeal, but the company has already been blacklisted by the U.S….
China Is Likely to Play Hardball in U.S. Tariff Talks
By agreeing to meet with the Trump administration to discuss trade, China is seeking to cast itself as the responsible one in a bruising superpower competition that has roiled the global financial system and set off fears of a recession. For weeks, China had publicly said that it would not engage in trade talks with…
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the economy, in the most significant policy steps taken by Chinese officials to limit the impact of the trade war with the United States. The central bank, the People’s Bank of China, cut…
Why China Is Investing So Much Money in Moroccan Factories
When Xi Jinping, China’s top leader, returned from the Group of 20 summit in Brazil last November, he made a stopover in Casablanca, where he was greeted with dates and milk, the traditional welcome for honored guests, and a meeting with Crown Prince Moulay Hassan of Morocco. The brief visit was a sign of the…
Trump Officials to Meet With Chinese Counterparts Amid Trade Standoff
Top officials from the Trump administration will meet with their Chinese counterparts in Switzerland this week, the first formal meeting about trade between the United States and China since President Trump raised tariffs on Chinese imports to triple-digit levels last month. Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, plan…
Chinese Imports to US Hit 20-Year Low as Tariffs Sink In
The share of U.S. imports from China in the first quarter of the year fell to its lowest point in over 20 years, as the high tariffs President Trump has put on Chinese goods clamped down on trade. U.S. imports from China reached $102.7 billion in the first three months of the year, data released…
Barbie Maker Mattel Plans to Raise Prices Because of Trump’s Tariffs
Less than a week ago, President Trump suggested that children may have to make do with fewer toys this year. “Well, maybe the children will have two dolls instead of 30 dolls, you know?” He said those two dolls may “cost a couple of bucks more than they would normally.” On Monday, Mattel, the U.S….