US President Donald Trump is set to speak with Chinese President Xi Jinping this week as trade tensions escalate, with new tariffs on Chinese goods set to take effect.
U.S. President Donald Trump is expected to speak with Chinese President Xi Jinping this week, according to White House press secretary Karoline Leavitt. The conversation comes at a critical moment as the two economic powers navigate rising trade tensions.
Trump, who took office on January 20, has not spoken to Xi since before his inauguration. The upcoming call follows his decision to impose a 10% tariff on all Chinese goods, set to take effect on Tuesday. While this measure falls short of his campaign pledge for a 60% tariff, Trump described it as an "opening salvo" and signalled the possibility of further increases.
On Saturday, Trump ordered sweeping tariffs on imports from Mexico, Canada, and China, citing efforts to curb the flow of illegal fentanyl into the United States. However, he later withdrew the tariffs on Mexico and Canada, while those on China remain in place.
The U.S. maintains that China is the primary source of precursor chemicals used by drug cartels in Mexico to produce fentanyl, a major contributor to the opioid crisis. Trump warned that tariffs could rise substantially if China does not take stronger action. China, which has historically opposed tariffs, responded with measured criticism while expressing openness to negotiations.
The Chinese government appears willing to seek an agreement that could delay or halt the new tariffs, according to sources familiar with the matter. Meanwhile, financial markets reacted to the uncertainty, with the U.S. dollar reaching a record high against the offshore Chinese yuan on Monday.
As both sides prepare for talks, the outcome could have significant implications for global trade and economic stability.
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
Senior officials from Azerbaijan and Armenia held a working meeting in Dilijan, Armenia, on 14 June to discuss issues related to the peace agenda betw...
Tajikistan has strengthened its position as one of Central Asia’s fastest-growing economies. According to the European Bank for Reconstruction and D...
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celeb...
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconfer...
Talks in Malaysia between top diplomats from Russia and the United States were described by the Russian Foreign Ministry as "substantive and frank" with both sides confirming their interest in seeking peaceful solutions to international conflicts.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Senior officials from the United States and Georgia met in Tbilisi to review bilateral relations and regional security amid ongoing diplomatic discussions.
Iran has condemned the U.S.-Iran nuclear negotiations as “meaningless” after Israel’s largest strike on Iranian targets, accusing Washington of backing the attack. The planned sixth round of talks faces uncertainty amid escalating tensions.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The global race to develop quantum computing is accelerating, with governments and technology firms investing heavily in what is expected to become a major new computing era.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment