The United States (US) has announced that China will purchase at least $17bn worth of American agricultural products annually following talks between President Donald Trump and Chinese President Xi Jinping in Beijing, according to a White House fact sheet. Read More: China visit tests Trump diplomacy strategy The agreement, released on Sunday, states that the purchases […]
US-China trade
Boeing confirmed that China committed to purchase 200 aircraft
US aerospace giant Boeing has confirmed that China has committed to purchasing 200 aircraft in a deal announced during President Donald Trump’s recent visit to Beijing, marking a major step in restoring commercial aviation ties between the two countries. Read More: Boeing shares fall after China orders disappoint investors Boeing said the agreement represents an initial order and […]
Trump, Xi eye tariff cuts on $30bn trade
US President Donald Trump and Chinese President Xi Jinping are expected to discuss a limited tariff reduction framework covering around 30 billion dollars in bilateral trade. The proposal aims to ease trade barriers on non-sensitive goods while maintaining restrictions on sectors linked to national security. The talks are part of a broader effort to stabilise […]
Trump set for key china visit amid Iran war, trade tensions
China has confirmed that US President Donald Trump will visit Beijing from May 13 to 15 for official meetings with Chinese President Xi Jinping. The visit comes at the invitation of Xi Jinping and will focus on major geopolitical and economic issues shaping global relations. Officials from both sides view the trip as an important […]
Trump set to visit China amid trade tensions after Supreme Court tariff ruling
WASHINGTON: US President Donald Trump will visit China from March 31 to April 2 for high-level talks with President Xi Jinping, a trip aimed at reinforcing the trade relationship between the world’s two largest economies. The announcement came shortly before the US Supreme Court struck down many of Trump’s sweeping tariffs, including some targeting Chinese […]
Trump reverses Nvidia chip ban for China under revenue-sharing deal
WASHINGTON: US President Donald Trump has reversed the ban on the sale of advanced Nvidia AI chips to China, allowing the tech giant to export its high-end H200 chips under a condition that 15% of its Chinese revenues be paid to the U.S. government. Read More: Pelosi’s husband scraps Nvidia stock as house eyes chip bill The move comes […]
Lack of US-China trade deal weighs on Asian markets
Markets in Asia were down on Monday as the lack of a US-China trade deal cast a cloud over nervous traders. Investors watched the latest developments warily in the trade war between the world’s top two economies, after negotiations in Washington ended Friday without agreement and a tariff hike on Chinese imports went into effect. […]