Presidents (Government)
A planned US-China summit may lead to a trade truce, but it comes at a steep cost for American influence. President Trump's rash announcement of tariffs in April has led to China weaponizing its control over rare earth minerals, crucial for modern industry. China dominates the supply of
Presidents (Government)
A planned US-China summit may lead to a trade truce, but it comes at a steep cost for American influence. President Trump's rash announcement of tariffs in April has led to China weaponizing its control over rare earth minerals, crucial for modern industry. China dominates the supply of
Tariffs
President Donald Trump's face-to-face with Chinese leader Xi Jinping on Thursday was described as a "roaring success" by Trump, with the United States agreeing to lower tariffs on China and Beijing agreeing to allow the export of rare earth elements and start buying American soybeans. The
Tariffs
The Oct. 29 summit between Presidents Lee Jae Myung and Donald Trump marked a significant turning point in the Korea-U.S. alliance, redefining the partnership from a transactional trade agreement to a framework of strategic convergence. The meeting resulted in tangible gains and unresolved risks, with both sides seeking to
Tariffs
US President Donald Trump and Chinese leader Xi Jinping held a critical meeting in Busan, South Korea, on Thursday, seeking to stabilize relations between the world's two largest economies amid ongoing trade tensions. The meeting comes after months of turmoil over trade issues, with both sides seeking to
Tariffs
The recent announcement by China's government to put controls on the export of rare earth elements has sparked concerns over global access to these essential minerals. China has a near-monopoly over the mining and refining of these elements, which are crucial for the production of electric vehicles, smartphones,
Hickenlooper, John
This week, Senate Democrats forced two votes to end President Trump's trade war, which has imposed 50% tariffs on Brazil. The resolution, aimed at terminating the emergency declaration used to justify the tariffs, passed with all Democratic senators and five Republican senators in favor. The move comes as
Tariffs
US President Donald Trump and Chinese President Xi Jinping held a high-stakes meeting on the sidelines of the APEC Summit 2025 in Busan, South Korea, amidst escalating trade frictions and global economic uncertainty. Trump, in a post-meeting statement, announced a 10 percent reduction in tariffs on Chinese imports and expressed
Legislative bills
The US Senate passed legislation to terminate President Donald Trump's national emergency declaration on Canadian tariffs, effectively canceling the tariffs imposed under the International Emergency Economic Powers Act. The move comes after a day when the Senate terminated Trump's tariffs on Brazil, passing a similar bill
International economic relations
U.S. Senator Peter Welch, a member of the Senate Finance Committee, has voted in favor of a bipartisan resolution to end President Trump's tariffs on Canadian imports, which he calls a "tax on Vermont businesses and manufacturers, farmers, and families." The resolution, led by Senator
Senators
U.S. Senators Jeanne Shaheen and Ron Wyden have applauded the Senate's passage of a bipartisan resolution to repeal Donald Trump's global tariffs and restore congressional authority over trade. The resolution, led by Senator Wyden and cosponsored by several Democrats and Republicans, aims to terminate the
Tariffs
US President Donald Trump and Chinese President Xi Jinping met on the sidelines of the Asia-Pacific Economic Cooperation Summit in South Korea, where they agreed to a trade deal that lowers tariffs and resumes soybean purchases. The deal, announced Thursday, marks a significant step towards resolving the highly contentious trade
