Russia's Putin arrives in China's Tianjin for security summit
Russian President Vladimir Putin arrived in the northern Chinese port city of Tianjin on Sunday for a regional security summit, Chinese and Russian st...
President Trump predicts a reduction in China tariffs and hints at a potential meeting with President Xi Jinping following upcoming trade talks.
U.S. President Donald Trump said Thursday he expects that punitive tariffs on China — currently set at 145% — will likely decrease following ongoing trade talks between the two countries. Trump’s remarks came as he unveiled details of a new trade agreement with the United Kingdom, signaling a potential thaw in the trade tensions between the world’s two largest economies.
Trump indicated that substantive negotiations would take place this weekend in Switzerland, where high-level U.S. and Chinese officials are set to meet. The talks will be a first step toward resolving the trade standoff, which has disrupted financial markets and global trade for months.
“I think it’s going to be a very friendly meeting,” Trump said, referencing the talks. “They look forward to doing it in an elegant way.” He added that the 145% tariff on China is unlikely to stay at its current rate, saying, “You can't get any higher. It's at 145, so we know it's coming down.”
The discussions will involve U.S. Treasury Secretary Scott Bessent, chief trade negotiator Jamieson Greer, and China’s economic tsar He Lifeng. The meeting is set to take place in neutral Switzerland, away from the heightened tensions of Washington and Beijing.
Trump also expressed optimism that China wants to strike a deal, stating, “They have a lot to gain… far more to gain than we do, in a sense.” He reiterated his desire for China to open up its economy more fully and addressed the trade surplus China holds with the U.S., which has long been a point of contention.
“I would like to see China open,” Trump remarked, adding, “They have to at this point.”
Asked if he might speak with Chinese President Xi Jinping following the talks, Trump responded, “I might, yeah, sure,” suggesting that there could be further diplomatic engagement after the negotiations.
Trump has previously praised Xi, despite trade disagreements and his accusations regarding China’s role in the COVID-19 pandemic. However, he continues to focus on reducing the trade deficit and addressing long-standing economic concerns.
As the trade talks progress, Trump remained hopeful, stating, “I think it’s going to be substantive. China wants to do something, and look, they have to at this point.”
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Russian President Vladimir Putin arrived in the northern Chinese port city of Tianjin on Sunday for a regional security summit, Chinese and Russian state media reported.
China’s largest city and global financial hub, Shanghai, has set a new heat record, state media reported on Saturday. Temperatures in the city exceeded 35°C (95°F) for 25 consecutive days, breaking the previous record set in 1926.
Indian Prime Minister Narendra Modi arrived in Japan on Thursday to meet his Japanese counterpart, Shigeru Ishiba, with trade and security high on the agenda.
Spain has condemned the U.S. decision to revoke visas for Palestinian President Mahmoud Abbas and 80 other officials, calling it “unacceptable” and urging the European Union to take a leading role in defending Palestinian representation at the UN.
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