Trade policy
US Treasury Secretary Scott Bessent announced a "substantial framework" agreement with China on Tuesday, easing fears of a new trade war and the threat of massive tariffs. The deal, which was reached after discussions with Chinese officials in Malaysia, takes US President Donald Trump's threat of
Trade policy
Top economic officials from the United States and China have concluded their first day of talks in Kuala Lumpur, seeking to avert a trade war escalation and pave the way for a meeting between US President Donald Trump and Chinese President Xi Jinping next week. The talks, held on the
Chinese foreign relations
China and the US have reiterated their commitment to maintaining stable economic and trade relations, with both sides agreeing to work towards a mutually beneficial agreement. The agreement follows a series of phone conversations between the two heads of state, which aimed to address key trade and economic issues. The
Trade policy
President Trump's six-day diplomatic tour of Asia is an unusual moment for a president to travel the world during a government shutdown. The trip marks a test of Trump's role as a statesman and negotiator, as he pursues a trade deal with Beijing to end a
Anand, Anita
Canada's foreign minister, Anita Anand, has announced a significant shift in the country's approach to China, describing Beijing as a strategic partner in a "dangerous world." This move comes as Canada's relationship with the US worsens, particularly following the cancellation of trade
Global economy
As tensions escalate between China and the United States, Beijing has taken a bold step to reinforce its dominance over the critical minerals that power modern manufacturing. By introducing a system to control the trade of tech products containing trace amounts of Chinese rare earths, China is flexing its economic
Trade policy
Top economic officials from the US and China have begun talks in Kuala Lumpur, Malaysia, to prevent an escalation of their trade war. The discussions aim to ensure a meeting between President Donald Trump and Chinese President Xi Jinping next week, and to chart a path forward after China threatened
Reagan, Ronald
US President Donald Trump announced the immediate termination of all trade negotiations with Canada over an advertisement featuring Ronald Reagan criticizing tariffs. The 60-second advert, funded by Ontario Premier Doug Ford, uses a 1987 radio address in which Reagan warns that tariffs hurt every American and can lead to trade
Tariffs
U.S. President Donald Trump is set to meet with Chinese leader Xi Jinping on the sidelines of an economic summit in South Korea, as the two leaders attempt to stabilize their strained relationship amidst a months-long trade war. The meeting will be Trump's first face-to-face encounter with
Tariffs
A heated exchange between US President Donald Trump and Canadian Prime Minister Mark Carney escalated on Friday, with Trump abruptly ending all trade negotiations with Canada due to a television ad sponsored by a Canadian province that used Ronald Reagan's words to criticize US tariffs. The ad, which
Tariffs
US President Donald Trump abruptly terminated all trade negotiations with Canada following a TV ad funded by Ontario's provincial government, which quoted Ronald Reagan on the negative effects of tariffs. The ad featured Reagan saying tariffs "hurt every American worker and consumer," prompting Trump's
Tariffs
US President Donald Trump announced late on Thursday that he is terminating all trade negotiations with Canada, citing an anti-tariff advertisement produced by Ontario's provincial government that used audio from former President Ronald Reagan. The ad was part of a $75 million campaign by Ontario Premier Doug Ford&
