Trump say Xi called him amid conflicting reports on US-China tariff talks

Did they do it or didn’t? President Donald Trump told White House reporters on Friday “multiple times” with Chinese President Xi Jinping, but he refused to tell them whether those communications have happened since imposing strict tariffs on communist countries. In search of details of these communications, Trump replied, “We’ll let you know at the […]

EUR/USD slumps on increasing hopes of easing US-China trade war – FXStreet

As the US dollar increases the likelihood of elimination of escalations in the US-China trade war, the EUR/USD drops to near 1.1350. Beijing is considering suspending additional duties on some products from the US. ECB Holtzmann warns of the structural weakness of the eurozone economy. EUR/USD During North American trading hours on Friday, trading will […]

US-China tariff battle fuels questions about Trump's endgame

President Trump's escalating tariff fight against China has rattled the global economy and has raised doubts about how the standoffs will end. This week, Trump announced a 90-day suspension on his drastic tariffs on dozens of countries, but he has raised China's import taxes in a staggering way to 145%. China fought back on Friday […]

Trump’s dream TikTok deal could set blueprint for US-China business

With President Donald Trump re-elected, his idea for a TikTok joint venture could set a precedent for how he expects all Chinese companies to operate in the United States. On Sunday night, he posted on Truth Social: This allows you to save your TikTok, manage it properly, and [stay] above. “ The next day, President […]

How business is bracing for a US-China trade war

President-elect Trump made tough remarks about tariffs en route to securing a landslide Republican victory in November, but companies are now facing a trade war that could surpass the one Trump started in 2018 during his first term. Preparations are underway for. Tariff negotiations may have served as an early negotiation tactic in addition to […]