Tag Archives: Xi Jinping

As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky that the two superpowers cannot even agree on whether they are talking at all. At a White House economic briefing this week, Treasury Secretary Scott Bessent demurred multiple times when pressed about President Trump’s recent claim that President Xi Jinping …

President Trump has made clear his intent to smash the reigning global economic order. And in 100 days, he has made remarkable progress in accomplishing that goal. Mr. Trump has provoked a trade war, scrapped treaties and suggested that Washington might not defend Europe. He is also dismantling the governmental infrastructure that has provided the know-how and experience. The changes …

If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not willing to play. Faced with growing claims by President Trump and administration officials that the two countries are engaged in talks and that a deal could be reached in a matter of weeks, China’s Foreign …

President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he had been in touch with Xi Jinping, China’s president, even as Chinese officials insisted that no negotiations were occurring. In an interview with Time on Tuesday, Mr. Trump said Mr. Xi had called him, though he …

After weeks of bluster and escalation, President Trump blinked. Then he blinked again. And again. He backed off his threat to fire the Federal Reserve chairman. His Treasury secretary, acutely aware that the S&P 500 was down 10 percent since Mr. Trump was inaugurated, signaled he was looking for an offramp to avoid an intensifying trade war with China. And …

By all appearances, Donald Trump is looking for a way out. Just months into his second presidency, the US President is signaling a retreat – or at least a recalibration – on one of his most aggressive economic fronts: the trade war with China.At a White House press conference on Tuesday, Trump appeared to temper his earlier hardline stance on …

US and China have been steadily increasing tit-for-tat tariffs on each other’s imports. US President Donald Trumpon Wednesday ratcheted up his tariff offensive up to 245% on China. He also declared it’s up to China to return to the negotiating table after Beijing backed out of a high-stakes Boeing aircraft deal.“The ball is in China’s court,” Trump said in a …

President Trump came into office sounding as if he were eager to deal with President Xi Jinping of China on the range of issues dividing the world’s two biggest superpowers. He and his aides signaled that they wanted to resolve trade disputes and lower the temperature on Taiwan, curb fentanyl production and get to a deal on TikTok. Perhaps, over …

China’s President Xi Jinping urged the European Union on Friday to join hands with Beijing in resisting “unilateral bullying”, after US President Donald Trump’s tariff onslaught sparked mayhem on world markets. After equities crumpled and bond markets starting flashing red, Trump this week blinked first in his push to remodel the post-war system of global commerce and froze many tariffs …

China responded quickly to Trump’s tariffs, but its countermeasures were limited in scope. US President Donald Trump on Wednesday paused sweeping tariffs on most nations—but pointedly excluded China, jacking up levies on Beijing to a punishing 125%. China, in turn, hit back with retaliatory tariffs of 84% and vowed to “fight to the end.”China on Thursday called on the United …