tariff war
US Treasury Secretary Announces Breakthrough in US-China Trade Negotiations Ahead of Trump-Xi Summit
Oct 27, 2025 12:43 am CST
US Treasury Secretary Scott Bessent has announced a significant trade agreement with China, averting planned tariff increases in exchange for Beijing delaying rare earth export restrictions. The deal includes substantial agricultural purchases benefiting US farmers and is expected to be formally announced at the upcoming Trump-Xi summit in South Korea.
US-China Trade Negotiations Resume in Malaysia Ahead of Critical Leaders' Summit
Oct 25, 2025 02:11 pm CST
China and the United States have initiated a new round of trade talks in Malaysia, as both economic powerhouses seek to mitigate their ongoing tariff dispute before their leaders meet at the APEC summit in South Korea. The high-stakes negotiations, led by Chinese Vice Premier He Lifeng, come amid escalating tensions over rare earth minerals and shipping fees, with both sides hoping to reach a resolution to their damaging economic conflict.
Trump-Xi Meeting to Address Soybean Crisis Amid Ongoing US-China Trade Tensions
Oct 02, 2025 09:47 am CST
President Trump plans to meet with Chinese President Xi Jinping in four weeks, focusing on reviving US soybean exports to China. American farmers have faced significant losses as China's 20% retaliatory tariffs have eliminated sales in the current crop year, allowing Brazil and Argentina to capture market share. The American Soybean Association warns that farmers are being shut out of their largest export market ahead of the 2025 harvest, continuing a pattern that previously caused $27 billion in agricultural export losses during Trump's first term.
Minutes Before PM-Putin Meet, US' "Defining Relationship" Signal To Delhi
Sep 01, 2025 05:23 pm CST
A key member of US President Donald Trump's team has termed New Delhi-Washington DC ties a "defining relationship of the 21st century".