Tag: Donald Trump
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WEEK IN REVIEW: Trump Might Be Dialing Back to Strike China Deal
U.S. President Donald Trump is reportedly dialing down his rhetoric in order to secure direct talks with his Chinese counterpart, Xi Jinping, and a possible trade deal. Bloomberg quoted unnamed White House sources saying Trump is increasingly pursuing purchase agreements that resemble deals he made in his first ...
China Rejects NATO Head’s Sanctions Threat
China's Foreign Ministry dismissed comments by NATO Secretary General Mark Rutte threatening China, India, and Brazil with secondary sanctions for doing business with Russia. Rutte's comments came a day after President Donald Trump announced new weapons allocations for Ukraine and threatened penalties ...
SCO Foreign Ministers Meet as Internal Rifts Deepen
The nine foreign ministers from the Shanghai Cooperation Organization (SCO) will meet this week in the Chinese coastal city of Tianjin. It's a bit hard to believe that this is a group that's almost 25 years old now, since it has few, if any, notable achievements.
WEEK IN REVIEW: Trump’s New Tariff Threat Hits Asia, Africa, Global Stocks
U.S. President Donald Trump posted a letter on social media on Wednesday saying he intends to impose a 50% tariff on "any and all Brazilian products sent into the United States" from August 1. Unlike his other tariff letters, this one specified that the levy is in response ...
Rubio Departs for Whirlwind Asia Trip Overshadowed by Tariffs
By Léon Bruneau U.S. Secretary of State Marco Rubio departed for Malaysia on Tuesday for meetings with ASEAN allies, a trip that has been overshadowed by fears of a trade war. The brief trip to ...
The Key Question in Vietnam: Is “Made in China” the Same as “Made by China?”
Manufacturers in Vietnam are still digesting last week's announcement by the United States that the Southeast Asian country will be subject to a 20% tariff for all locally-made exports and a 40% duty on all transshipments, presumably from China. The problem, ...
China Says BRICS Not Seeking ‘Confrontation’ After Trump Tariff Threat
China said on Monday that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after U.S. President Donald Trump vowed to impose an extra 10 percent tariff on countries aligning with the bloc. "Regarding the imposition ...
As U.S. Focus Wavers, Xi Courts the Global South
Chinese President Xi Jinping held separate bilateral meetings with the leaders of Ecuador and Senegal on Friday in what appears to be a concerted effort by Beijing to maintain strong ties with Global South countries, even as major power diplomacy increasingly dominates Beijing's foreign policy agenda.
WEEK IN REVIEW: China to Shift to a Massive-Scale Consumption Economy – China’s Premier Li Qiang
The Taiwanese tech company Foxconn, a major assembler of Apple products, received approval from Taiwan’s regulator for a $2.2 billion investment in facilities in India and the U.S. The Department of Investment Review in Taiwan’s Ministry of Economic Affairs also approved a $1.49 billion investment in a subsidiary ...
China Urges Iran, Israel to Seek ‘Political Resolution’
China urged Iran and Israel on Tuesday to seek a "political resolution" to their conflict as Israel said it had agreed to U.S. President Donald Trump's proposal for a ceasefire. "The Chinese side calls on relevant parties to return to the ...
Why the U.S. Should Pay Close Attention to the Singapore PM’s Visit to China
Singapore's Prime Minister Lawrence Wong landed in Beijing on Sunday night for a week-long visit that will include talks with his Chinese counterpart Li Qiang and President Xi Jinping. In an interview with the state-run Straits Times newspaper, the PM said ...
China ‘Strongly Condemns’ U.S. Strikes on Iran: Foreign Ministry
China's foreign ministry said on Sunday it "strongly condemns" U.S. strikes on Iran's nuclear sites, adding that they "escalate tensions in the Middle East." "China calls on all parties to the conflict, especially Israel, to cease fire as soon as possible," ...