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.
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Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 28th of April, covering the latest developments you need to know.
The United States and Iran clashed at the United Nations on Monday over Tehran's nuclear programme and its selection to be one of dozens of vice presidents at a month-long conference to review the nuclear Non-Proliferation Treaty (NPT).
It's doubtful that Iran's proposal on resolving the two-month war will be accepted by President Donald Trump, an official source said, dampening hopes for a resolution to the conflict that has disrupted energy supplies, fuelled inflation, and killed thousands.
Disney+ has debuted Disney Animation’s Songs in Sign Language, a new collection of animated musical sequences reimagined in American Sign Language (ASL), released on 27 April to mark National Deaf History Month.
Market reaction to DeepSeek’s preview of its next-generation artificial intelligence model has been relatively subdued, in sharp contrast to the global shock triggered by its breakthrough releases last year.
President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month war. Tehran said the U.S. should remove obstacles to a deal, including its blockade of Iran's ports. Meanwhile Iranian Foreign Minister Abbas Araghchi arrives in St Petersburg for talks.
Adidas shares rose after Kenya’s Sebastian Sawe delivered a historic performance at the London Marathon on Sunday (26 April), becoming the first athlete to run an official marathon in under two hours.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
British lawmakers on Tuesday voted against launching an inquiry into whether Prime Minister Keir Starmer misled Parliament over his decision to appoint Peter Mandelson as ambassador to the U.S.
Five million children across Sudan’s Darfur region are facing extreme deprivation, the United Nations children’s agency said on Tuesday, issuing an emergency warning as the civil war in the country enters its fourth year.
Former close aide to Keir Starmer admitted on Tuesday he was “wrong” to back the appointment of Peter Mandelson as ambassador to the U.S., amid mounting political pressure.
Russia has significantly expanded its blacklist of European Union officials and figures banned from entering the country, in retaliation for Brussels’ newly approved 20th sanctions package against Moscow.
China is moving to make it easier and cheaper for people to have children, with lawmakers reviewing plans to expand maternity insurance coverage nationwide.
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