High-level talks between U.S. and Chinese officials in Geneva yielded progress toward a negotiated reset of trade relations, though specifics remain undisclosed. The discussions follow recent tariff increases by both nations that severely impacted global markets. While President Trump hinted at lowering U.S. tariffs on Chinese goods, even reduced tariffs would remain substantial. China, while expressing concern over past U.S. actions, acknowledged the talks as a positive step toward de-escalation.
Read More
Despite President Trump confirming a phone call with Chinese President Xi Jinping amid escalating tariff tensions, the Chinese Ministry of Commerce denies any ongoing trade negotiations between the two countries. The U.S. has levied tariffs as high as 145% on Chinese imports, prompting retaliatory tariffs from China. Trump, however, claims to have brokered 200 new trade deals with other countries and anticipates announcing these agreements soon. He views even high tariffs as a potential “total victory” for the U.S., suggesting significant economic benefits.
Read More
President Trump contradicted China’s assertion that no trade talks had occurred, stating that meetings with Chinese representatives took place earlier that day. This directly countered a Chinese Foreign Ministry spokesman’s claim that reports of such negotiations were “fake news.” The conflicting statements highlight the ongoing tension between the US and China despite recent suggestions from Trump and Treasury Secretary Steven Mnuchin of potential de-escalation. These recent discussions follow the US’s imposition of significant tariffs on Chinese goods, leading to retaliatory measures from Beijing.
Read More
Dismissing recent reports of renewed US-China trade negotiations as “fake news,” Chinese officials firmly rejected claims of progress. Both the Ministry of Foreign Affairs and the Ministry of Commerce reiterated that the US must remove all unilateral tariffs and engage in equitable dialogue to resolve trade disputes. This stance underscores China’s position that the US is solely responsible for escalating tensions. The statements serve to maintain China’s negotiating position and pressure the United States to make concessions.
Read More
During a Southeast Asian tour, Chinese President Xi Jinping advocated for free trade, portraying China as a stabilizing force amid global economic uncertainty. In Vietnam, he met with President Luong Cuong and General Secretary To Lam, emphasizing bilateral cooperation to maintain global trade and supply chains. Agreements were signed focusing on supply chain cooperation and agricultural exports, while Xi also addressed the ASEAN free trade agreement in Malaysia. The timing of the trip, coinciding with recent US tariff disruptions, allowed China to position itself as a reliable economic partner in the region.
Read More
Following the death of Manoj Kumar, actress Saira Banu shared unseen photos and anecdotes from their collaborations, highlighting their deep bond. Banu recalled Kumar’s considerate behavior on set, notably his willingness to leave during her solo shots to ease her shyness. She recounted instances of Kumar’s loyalty and respect, including his offer to shelve *Purab Aur Paschim* rather than replace her after her marriage. Kumar’s dedication and kindness, exemplified by these stories, are remembered fondly by Banu.
Read More
John Q. Hosedrinker