China, Trump and Xi Jinping
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Three top Trump administration economic officials, including Scott Bessent, will meet Chinese negotiators in London to break the trade deadlock.
China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issues that have stoked tensions between the world's two largest economies unresolved.
President Donald Trump and Chinese President Xi Jinping discussed trade negotiations between Washington and Beijing Thursday over the phone.
"We are in a new era of asset vulnerability," said John Hemmings, the Council on Geostrategy's deputy director for geopolitics.
Taken together, the orders aim to boost struggling American drone makers, wean the U.S. off Chinese drones and defend the country against small aircraft that are playing increasin
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China sought to depict a call between Xi Jinping and President Trump as an appeal from one strongman leader to another to run a tight ship and stay on course.
Trump's tariffs slashed farm exports, raised input costs and left farmers reliant on unsustainable bailouts, experts warn.
The move would mark President Trump’s third extension, as he seeks to stave off enforcement of a law requiring that the app be banned in the U.S. or sold.