Xi of China joins Putin at Russia’s Victory Day parade
Xi Jinping and Vladimir Putin Mark a Historic Event Together On Friday, Chinese President Xi Jinping was seen alongside Russian President Vladimir Putin during a significant event commemorating the 80th anniversary of Nazi Germany’s defeat in World War II. The occasion involved a display of over 180 military vehicles, including tanks and artillery characteristic of […]
US and China to Discuss Current Status of Trump’s Tariffs Conflict
Officials from the US and China are set to meet this weekend in Geneva for their first formal discussions aimed at addressing a challenging tariff war that could impact millions and disrupt global markets and supply chains. Here’s a look at how trade relations between these two economic giants are progressing. What steps have been […]
Sales from China to the US Decline Due to Trump’s Tariff Conflict
Last month, China reported that its total exports exceeded projections even as trade with the US came to a standstill. This halt follows the imposition of tariffs by President Donald Trump, which were initially a response to concerns about China’s influence on the fentanyl crisis. Currently, tariffs on many Chinese goods have escalated to 145%, […]
China and Russia promise to strengthen their relationship while criticizing the US on Victory Day.
China and Russia have reaffirmed their “no-restriction” partnership in a statement released prior to a military parade in Russia on Friday. This declaration came during President Xi’s visit to Moscow, marking the 80th anniversary of the end of World War II. Xi and Russian President Vladimir Putin—who celebrates Victory Day on May 9—remarked that “Certain […]
Lawmakers urge tech executives on AI and energy competition with China
Leaders from Silicon Valley gathered on Thursday with Congressional representatives, where Republican lawmakers emphasized the need for prioritizing innovation rather than regulation. Over the course of three hours, four significant tech figures, including OpenAI CEO Sam Altman, presented ideas to senators aimed at maintaining an edge over China in the artificial intelligence (AI) sector. Altman […]
US considers reducing tariffs on China to 50% as early as next week, according to sources.
The administration is currently considering a significant reduction in tariffs on Chinese imports, possibly lowering them from 50% to 54% as early as next week. Discussions are underway among US officials about this adjustment, with a commitment to engage in extensive consultations aimed at reaching a trade agreement. In a related move, tariffs on neighboring […]
U.S. Ambassador to China David Perdue Takes Oath Right Before Important Talks
David Perdue Sworn in as US Ambassador to China On Wednesday, Secretary of State Marco Rubio administered the oath of office to David Perdue, who has been appointed as the US ambassador to China. This event took place just days prior to a crucial meeting between the United States and China. Perdue, a former Republican […]
Trump Administration Delivers Strong Signal to China by Targeting Iranian Oil Exports
US Treasury Department Imposes New Sanctions on Iran The US Treasury Department announced a significant escalation in its efforts to curb Iran’s oil exports on Thursday, implementing sanctions against several companies, vessels, and captains linked to the importation of substantial amounts of Iranian crude oil. Treasury Secretary Scott Bessent indicated that these measures are part […]
China is keen on finalizing a trade agreement before the Switzerland talks with the US, according to Trump.
According to President Donald Trump, China is eager to finalize trade agreements with the United States. His remarks come as he prepares to kick off trade talks with Chinese representatives in Switzerland on Saturday, amidst a growing tariff conflict between the two nations. “Scott will go to Switzerland and meet with China,” Trump stated to […]
Trump states he will not ease tariffs on China before trade discussions.
On Wednesday, President Trump stated that he is not considering reducing the 145% tariffs on imports from China. A reporter in the Oval Office inquired whether the president would think about lowering foreign tariffs. Earlier in April, the Trump administration had announced exemptions for certain electronic devices, such as phones and computers, from tariffs applied […]