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State media editorial says talks mark ‘step toward resolving differences’ but Xi again criticises US ‘bullying’
A 90-day pause in the US-China tariff war has been cautiously welcomed in China but tensions remain high, with Xi Jinping again accusing the US of “bullying”.
After two days of talks between officials in Geneva over the weekend, China and the US agreed to for the next 90 days the high tariffs each had imposed on the other in a tit-for-tat trade war.
As tariffs on Chinese goods decrease temporarily, the overall effective tariff rate on U.S. consumers remains the highest since 1934, at 17.8%.
As the US descends into chaos, China is pitching itself as the steadier player on the global stage. But Europe should be wary of its advances
How does Xi Jinping view the circus Donald Trump is ring-mastering in Washington? There is no denying that the new president has created an opportunity for Xi to drive a wedge into the flank of the battered transatlantic alliance. China’s special representative to the EU optimistically described Trump’s treatment of Europeans as so “appalling” that it was likely to make them more willing to recognise Beijing’s approach to “”.
It was only a few months ago that Xi deserved his reputation as the world’s disruptor-in-chief. Beijing was (and still is) encroaching in the South China Sea, stepping up its incursions in Taiwan, and jousting with Japan over claims to the . But since Trump’s election, Xi has begun to look comparatively restrained, like the steadier player in US-China relations. His foreign minister, Wang Yi, went as far to in an increasingly uncertain world.
Orville Schell is the Arthur Ross director of the Center on US-China Relations at Asia Society
What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China ...
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days.
Remark comes as Brazil, Colombia and Chile’s leaders fly to Beijing amid international uncertainty generated by Trump
The Brazilian president, , has heralded his desire to build “indestructible” relations with , as the leaders of three of Latin America’s biggest economies flew to Beijing against the backdrop of ’s trade war and the profound international uncertainty his presidency has generated.
Lula touched down in China’s capital on Sunday for a four-day state visit, accompanied by 11 ministers, top politicians and a delegation of more than 150 business leaders.
President Luiz Inácio Lula da Silva of Brazil is visiting Beijing this week, and China’s Xi Jinping will also meet top officials from other Latin American and Caribbean nations to emphasize their ties.
It has been almost 50 years since the U.S. government established that Asian Americans, Native Hawaiians and Pacific Islanders and their accomplishments should be recognized annually across the nation ...
Markets rally after Washington and Beijing agree to drastically cut reciprocal tariffs as US treasury secretary says ‘neither side wants a decoupling’
hailed a “total reset” in relations between China and the US after the countries agreed a 90-day pause to the deepening trade war that has threatened to upend the global economy, with tariffs to be lowered by 115 percentage points.
“They’ve agreed to open up China,” the US president claimed at a press conference at the White House on Monday morning, having spent months escalating tensions with Beijing by ratcheting up tariffs on the country’s exports.
Beijing can claim its defiance has delivered a battle victory in the trade war.
Lucy Liu, Stephanie Hsu and Sacramento Kings owner Vivek Ranadivé are set to receive honors at The Asian American Foundation ( TAAF) Heritage Summit and Awards Dinner.
But the remaining 30% import tax on Chinese goods will still cost Americans many billions of dollars per year in higher prices.