Donald Trump's cabinet members sent mixed signals on whether tariff talks with China are underway, despite Trump's claims, fueling confusion as market instability and recession fears grow amid ongoing tensions between the world’s two largest economies.
While the Trump administration last week appeared open to easing tensions in the trade war with China, a conflict that has fueled recession fears, Beijing denied that talks were happening.
Treasury Secretary Scott Bessent, a key figure in trade negotiations, said he met with Chinese officials during the IMF meetings in Washington but did not discuss tariffs. Meanwhile, Agriculture Secretary Brooke Rollins said on CNN that the U.S. is holding daily conversations with China regarding tariffs.
When asked directly on ABC whether tariff talks were happening, Bessent avoided giving a clear answer, stating that his discussions with Chinese officials focused on financial stability and global economic risks, and he wasn't sure if Trump and Chinese President Xi Jinping had spoken.
Bessent previously warned that negotiations with China would be tough and slow, suggesting that while a full trade deal might take months, a basic agreement to ease tensions could happen sooner.
Trump’s unpredictable approach to tariffs, targeting major partners like China, Canada, and Mexico, has caused significant market instability and shaken investor confidence in U.S. markets.
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
The United States will begin talks with allies later this year on scaling back its military presence in Europe.
President Donald Trump has completed a four-day tour of the Gulf, announcing more than $2 trillion in investment and defense agreements with Saudi Arabia, Qatar, and the United Arab Emirates.
President Donald Trump ended his Gulf tour with announcements of major U.S.-UAE cooperation on AI semiconductors and energy, reinforcing economic ties amid broader regional developments.
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Ministers in Libya’s Government of National Unity (GNU) are resigning one by one amid mounting protests in Tripoli, Libya Press agency reports
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
Two North Korean fishermen picked up by South Korean patrols in March remain stranded in the South as Pyongyang refuses to respond to requests for their return.
The US has lost its final AAA credit rating after Moody’s downgraded the country to Aa1, citing growing deficits and mounting debt as risks to long-term fiscal health.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Delegations from Russia and Ukraine met in Türkiye for their first direct peace talks since 2022, with discussions lasting under two hours.
Vietnam and Thailand have officially upgraded their ties to a strategic partnership, marking a significant step forward in regional diplomacy.
Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri, announced that India is opening up 200,000 square kilometers of its sedimentary basin for oil and gas exploration, inviting Russian companies to participate.
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Ministers in Libya’s Government of National Unity (GNU) are resigning one by one amid mounting protests in Tripoli, Libya Press agency reports
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Ministers in Libya’s Government of National Unity (GNU) are resigning one by one amid mounting protests in Tripoli, Libya Press agency reports
The US Supreme Court on Friday paused President Donald Trump’s attempt to carry out deportations using the 1798 Alien Enemies Act, siding with a group of Venezuelan immigrants in Texas who argued they were at risk of sudden removal under the rarely used wartime law.
Two North Korean fishermen picked up by South Korean patrols in March remain stranded in the South as Pyongyang refuses to respond to requests for their return.
The US has lost its final AAA credit rating after Moody’s downgraded the country to Aa1, citing growing deficits and mounting debt as risks to long-term fiscal health.
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