South Korea’s President Lee Jae Myung met Chinese President Xi Jinping on Saturday during a state summit in Gyeongju. Xi visited South Korea for the first time in eleven years. The leaders attended an Asia-Pacific Economic Cooperation (APEC) forum before holding talks on regional cooperation and security. Xi told Lee that China values its relationship […]
APEC summit
Xi takes spotlight at APEC summit after trade truce with Trump
GYEONGJU – Chinese President Xi Jinping took centre stage at the Asia-Pacific Economic Cooperation (APEC) summit in South Korea on Friday, meeting counterparts from Canada, Japan, and Thailand after securing a fragile trade truce with US President Donald Trump. The agreement, reached just before Trump’s departure from South Korea, suspends further US curbs on China’s […]
Trump approves South Korea’s plan to build nuclear-powered submarine
GYEONGJU: U.S. President Donald Trump announced Thursday that he has granted approval for South Korea to build a nuclear-powered submarine, marking a major shift in the country’s naval capabilities. The announcement came a day after Washington and Seoul said they had reached a broad trade deal covering investment and shipbuilding. Trump met with South Korean […]
Trump, Xi strike one-year trade deal easing tensions over tariffs and rare earths
BUSAN (South Korea): US President Donald Trump announced on Thursday that he had reached a new deal with Chinese President Xi Jinping to ease trade tensions, including a reduction in tariffs, renewed Chinese purchases of US soybeans, and a one-year agreement ensuring the flow of rare earth exports. The breakthrough came after nearly two hours […]
Trump Doubles Tariffs on China
WASHINGTON – US President Donald Trump has reignited the trade war with China, announcing an additional 100% tariff on Chinese goods and threatening to cancel his upcoming meeting with President Xi Jinping. Trump said the move comes in retaliation for what he described as Beijing’s “extraordinarily aggressive” decision to impose export restrictions on rare earth […]