live Trump says Iran wants a deal as Tehran rules out talks for now
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying ...
U.S. President Donald Trump will travel to China from 31 March to 2 April, the White House has confirmed, for talks with Chinese President Xi Jinping as a U.S. Supreme Court ruling reshapes his tariff policy.
A White House official confirmed the visit on Friday, hours after the U.S. Supreme Court struck down key elements of Trump’s sweeping tariffs on imported goods.
The meeting between the leaders of the world’s two largest economies had been expected to focus on extending a trade truce that prevented further tariff increases on both sides.
However, the court’s decision has introduced fresh uncertainty into U.S.–China relations, which had shown signs of stabilising after Trump reduced certain tariffs on Chinese goods in exchange for measures from Beijing, including action against the illicit fentanyl trade and a pause on export restrictions covering critical minerals.
Twenty per cent tariffs on China's U.S.-bound exports were imposed under the International Emergency Economic Powers Act, or IEEPA, which the court ruled Trump had overstepped.
Those tariffs were tied to national emergencies related to fentanyl distribution and trade imbalances.
Other duties on Chinese goods, including those implemented under legislated trade authorities known as Section 301 and Section 232, remain in place.
It remains unclear how many of the invalidated tariffs Trump may seek to reintroduce. He told a press conference that he would impose a new 10 per cent global tariff for 150 days.
Trump’s previous visit to China, in 2017, was the last by a sitting U.S. president.
"That's going to be a wild one," Trump told foreign leaders visiting Washington on Thursday about the upcoming China visit. "We have to put on the biggest display you've ever had in the history of China."
The Chinese embassy in Washington declined to comment on the dates of the trip, which were first reported by Reuters. Beijing has not formally confirmed the visit.
The Trump administration has said the global tariffs were necessary because of national emergencies related to trade imbalances that have weakened U.S. manufacturing.
Trump had already been "playing defence" in the trade war, given the effectiveness of Beijing's threat to cut off rare earths, said Scott Kennedy, a China economics expert at the Center for Strategic and International Studies in Washington.
The tariff defeat likely "cements his weakness in their eyes," he said.
Xi said during the February call that he would consider further increasing soybean purchases, according to Trump. Struggling U.S. farmers are a major political constituency for Trump, and China is the top soybean consumer.
Analysts said on Friday that China may be less likely to follow through on another big purchase of U.S. soybeans after the Supreme Court ruling.
Although Trump has framed policy moves involving countries from Canada to Greenland and Venezuela as necessary to counter China, he has in recent months eased restrictions on Beijing in areas including tariffs, advanced semiconductors and drone technology.
Critics argue that broad-based tariffs have at times insulated China from wider trade pressure and reduced incentives for companies to relocate supply chains.
Friday's ruling could indirectly increase pressure on Beijing if the effective tariff rates on other countries, particularly in Southeast Asia, fall more than those on China, said Martin Chorzempa, a senior fellow at the Peterson Institute of International Economics.
"Unlike with many other countries, there is a well-established, much more legally durable mechanism for most of the tariffs on China that make them less affected than those on other countries," Chorzempa said.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
U.S. President Donald Trump has again said Iran is keen to reach a deal quickly, but a senior Iranian security official rejected the claim, saying Tehran will not negotiate until its conditions are met.
A drone hit a petrol station in Ukraine's capital of Kyiv early on Tuesday, Mayor Vitali Klitschko said on the Telegram messaging app, adding that there was also a strike on warehouse facilities in another part of the city.
University students in Mexico have held a vigil for a 21-year-old Spanish exchange student killed in the central state of Morelos, with authorities investigating her death as a possible feminicide.
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last month, Arushi Gupta's parents have called and messaged their missing daughter hoping she somehow survived.
Foreign ministers of Cambodia and Thailand delivered opening statements on Tuesday at the first meeting of a UN arbitration process to resolve a long-running maritime dispute between the two Southeast Asian neighbours.
A federal judge has halted a Trump administration immigration policy that would have significantly changed how long foreign students, exchange visitors and international journalists can remain in the United States.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment