US President Donald Trump has China on the ropes. Trump called the widening US–China tariff war ‘a little squabble’. But at the same time he stuck to his guns by ordering his administration to ready 25% duties on all remaining Chinese imports.
The next talk between the two leaders will most likely occur at the next G20 summit in June. Mr Trump has already described the impending talk as being a ‘fruitful’ one.
US President Donald Trump maintains that trade wars are good and easy to win. On the good side, he intends to use some of the billions of dollars in tariffs the US is collecting on Chinese imports to send US food aid to impoverished nations.
Trump remains committed to levelling the skewed trading relationship China has long enjoyed with the West. Even as his new round of tariffs are set to come into force, top level officials are continuing their negotiations for a mutually acceptable agreement.
The display of four nations combining efforts to challenge Beijing is certainly a new and interesting occurrence. Particularly when it has been just days since Trump threatened to increase tariffs on Chinese goods to 25%.
If round 11 leaves Trump unsatisfied with China’s commitment to a mutually beneficial trade truce, his proposed tariff hike will be close to fatal for Xi Jinping’s growth-hungry nation.
In the latest confrontation, two US warships have sailed near the islands claimed by China in the South China Sea, angering Beijing in the midst of already tense relations between the world’s two biggest economies.
The move from the US president poses a major shift in tone, after he previously said the trade negotiations were moving towards a close. He had praised his relationship with Chinese President Xi Jinping and reported positive progress with their talks.
Putin and Kim’s first session of one-on-one talks lasted twice as long as their allocated 50 minutes, with the agenda having been to discuss ‘how and what needs to be done so that we can improve the situation’.
Last week, Trump said he was willing to hold a third summit with Kim, and in the meantime, would keep his harsh sanction on Pyongyang in place — even threatening to increase them.
The trade war has been marred by retaliatory tariffs that have cost billions of dollars, restricted supply chains and volatile financial markets, to two of the largest economic power houses. ‘I think we’re hopeful that we’re getting close to the final round of concluding issues,’ Mnuchin said on Saturday.
In the Oval Office yesterday, Trump and Moon discussed the possibility of an inter-Korean summit with the North Korean leader — in order to revamp the discussions of denuclearisation, RAW reports.
While no one has been able to completely denuclearise the state, US President Donald Trump and his administration have gotten the closest. And Trump is keeping up the pressure.
Finally, we could be seeing the light at the end of the tunnel. US Trade Negotiators have arrived in Beijing, with a new round of discussions aimed at ending the tariff war over China’s technology ambitions.
Shrugging off the usual protests from China’s government, the US has underlined its support for the independent nation of Taiwan by again sending military ships through the Taiwan Strait.
If North Korean leader Kim Jong-un was hoping that he could soften up US President Donald Trump with a few face-to-face meetings and some minor steps towards dismantling his nation’s nuclear weapons programs, he’ll be a disappointed despot today.
US President Donald Trump is the first world leader with the gumption to take on China over a range of unfair trade practices. He’s made some tough demands for Beijing to meet in order to lift the US$200 billion worth of tariffs he imposed on Chinese imports.
With Trump at the helm, the US has ‘stepped up’ 40 years of colloquial ties with Taiwan, as well as entering a trade dispute with China.
After months of punishing tariffs and painstaking negotiations, China has agreed to meet a number of Trump’s demands to level the playing field on international trade. But the Chinese aren’t going far enough yet.
When a nation of 23 million people declares itself to be an independent country, are they? Not according to the Chinese government. And the prospects of a military invasion of the island nation remain very real.
The Chinese have been working overtime behind the scenes in an effort to shift the West’s thinking into line with Communist ideology. US President Donald Trump’s national security adviser, John Bolton, has thrown the spotlight on these efforts.
The North Koreans may believe that resuming work on missile systems will put them in a stronger negotiating position to ease sanctions. But the nation, which is running short on food, will likely find the opposite to be true. Hence Trump’s confidence that the issue will ‘ultimately get solved’.
In the 21st Century, you would hope nations have moved beyond the mass detention of their citizens based on their ethnicity and beliefs. But in China, a country aiming to portray itself as an upcoming world leader, the practice is rife.
You might think that Australia’s miners stand to gain the most from a landmark free trade deal between Australia and Indonesia. Or perhaps the cattle industry.
While both sectors do indeed stand to benefit, it turns out that Aussie universities look to be the biggest winners.
These are the words China’s most powerful leaders have used to describe the state of China’s economy and the international conditions facing the trade dependent nation.
In an interview with US broadcasters, Bolton stated that there’s ‘no expiration date’ regarding denuclearisation talks and the ‘president is fully prepared to keep negotiating at lower levels’ or even speak face-to-face with Kim again.
Trump’s message to North Korea is even clearer. Play ball, or the crippling sanctions the US pushed through in 2017 and 2018 remain indefinitely.
While the first meeting was filled with more pleasantries and a vaguely worded commitment to work towards the complete denuclearisation of the Korean peninsula, there’s a lot of pressure to move beyond.
While Australia has enjoyed huge economic benefits from China’s rise, the risks posed by the authoritarian powerhouse have grown alongside those financial gains. Until recently however, those risks have been mostly papered over by the European Union.
The second face to face summit between US President Donald Trump and North Korean leader Kim Jong-un takes place at the end of this week. And the whole world is hoping that Trump can steer Kim towards a path of peace and reconciliation.