Air Canada, cabin crew union hold first talks since strike began
Air Canada and the union representing 10,000 striking flight attendants resumed initial talks on Monday night, the first contact in nearly a week, acc...
U.S. and Chinese officials entered a second day of high-level talks in Stockholm on Tuesday, aiming to ease longstanding economic tensions and avoid a renewed escalation of their trade war.
While a major breakthrough is not expected, both sides may agree to a 90-day extension of the tariff truce first agreed in May, potentially setting the stage for a future meeting between Presidents Donald Trump and Xi Jinping though Trump on Tuesday denied actively seeking one.
Talks resumed at Sweden’s Rosenbad, the prime minister’s office, where delegations met for more than five hours the previous day. U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were seen arriving at the venue on Tuesday, but neither side issued statements after Monday’s session.
The urgency is growing as China faces an 12 August deadline to finalise a deal with the U.S. before punitive tariffs, temporarily halted earlier this year snap back into place. A failure to reach an agreement could trigger triple-digit U.S. tariffs, severely disrupting global supply chains and trade.
These Stockholm talks come on the heels of Trump securing significant trade deals with the EU and Japan, including a 15% tariff pact with Brussels.
Meanwhile, the Financial Times reported that the U.S. has temporarily eased tech export controls on China to avoid derailing negotiations and to support Trump’s potential meeting with Xi.
Trump, however, pushed back on speculation, saying on Truth Social: “I am not SEEKING anything! I may go to China, but only at the invitation of President Xi, which has been extended. Otherwise, no interest!”
Complicating matters, U.S. lawmakers are preparing bipartisan legislation targeting China’s policies on Taiwan, human rights, and dissent issues likely to raise tensions during trade talks.
In response, Taiwan’s President Lai Ching-te is reportedly postponing a planned U.S. visit to avoid fuelling further friction.
Earlier U.S.-China talks in Geneva and London helped de-escalate retaliatory tariffs and address trade halts on key goods such as rare earth minerals and Artificial Intelligence (AI) chip exports. However, deeper structural disagreements remain. The U.S. accuses China of distorting global markets through its state-backed, export-heavy economic model, while China criticises Washington’s security-based restrictions on advanced technologies.
Treasury Secretary Bessent has previously supported extending the deadline and reiterated Washington’s long-standing position that Beijing should shift its economy toward greater domestic consumption.
Analysts caution that U.S. and China trade negotiations are far more complex than other regional deals, given China’s dominance in areas such as rare earths—critical components in defence systems and advanced manufacturing—making this dialogue a strategic and prolonged challenge.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
International superstar Taylor Swift has revealed her 12th studio album, 'The Life of a Showgirl', during a podcast appearance with her partner, U.S. football star Travis Kelce, and his brother Jason.
Air Canada and the union representing 10,000 striking flight attendants resumed initial talks on Monday night, the first contact in nearly a week, according to a statement from the Canadian Union of Public Employees (CUPE).
SoftBank has taken a $2 billion equity stake in Intel, becoming its sixth-largest shareholder as the U.S. chipmaker seeks to recover from mounting losses.
Asian stocks and oil prices slipped on Tuesday ahead of a major central bankers’ meeting, as investors weighed positive signals from peace efforts between Russia and Ukraine.
Hungarian astronaut Tibor Kapu returned to Budapest on Monday to a hero's welcome after a three-week mission aboard the International Space Station, marking Hungary’s first human spaceflight in 45 years.
Burkina Faso has expelled United Nations regional coordinator Carol Flore-Smereczniak after a U.N. report alleged violations against children in the country, a government spokesperson said on Monday.
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