live U.S. and Iran edge closer to deal as tensions persist
Middle East tensions remain high as the U.S. and Iran exchange strikes while signalling progress towards a possible deal. Clashes around the Strait of...
The United States has approached China in hopes of launching talks over President Donald Trump’s steep 145% tariffs, according to a post by Yuyuan Tantian, a social media account linked to Chinese state media.
The post, citing anonymous sources, suggested that Washington had reached out through several channels to discuss the issue, possibly indicating China's cautious openness to negotiation.
Beijing has publicly condemned the tariffs, labeling them as bullying tactics and insisting they won’t derail China’s growth. Instead of engaging in talks, China has focused on rallying domestic and international opposition to the U.S. measures. However, behind the scenes, China has reportedly compiled a list of American goods, including some pharmaceuticals, microchips, and jet engines that will be exempt from its retaliatory 125% tariffs, aiming to reduce the economic burden.
With Trump’s tariffs exceeding 35%, Chinese exports to the U.S. have become uncompetitive. Analysts at Nomura Securities predict that a 50% decline in such exports could lead to 16 million job losses in China over time.
Despite the pressure, Chinese officials remain firm, comparing compliance with Trump's demands to "drinking poison". The Yuyuan Tantian post quoted unnamed experts who said that while China sees no need to initiate dialogue without clear U.S. action, it wouldn't hurt to listen if Washington reaches out.
Trump recently claimed in an interview that talks were underway and that Chinese President Xi Jinping had contacted him. Beijing, however, has denied any such negotiations, accusing the U.S. of misleading the public. A Chinese foreign ministry spokesperson reaffirmed that no official consultations are happening.
Although China maintains it is open to discussions, officials stress that any dialogue must be based on mutual respect, equality, and shared benefit.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
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While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Ambassadors from the European Union’s 27 member states have agreed to advance accession negotiations with Ukraine and Moldova, paving the way for the first formal phase of talks to begin on Monday.
A London court has handed down lengthy sentences to activists from campaign group Palestine Action, who raided an Israeli-owned arms company in the UK.
Sierra Leone’s First Lady, Fatima Jabbe-Bio, has lost her London social housing flat after a UK council seized it.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
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