The Treasury Secretary also confirmed that a planned meeting between Xi and Trump remained on track despite the recent trade tensions.
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The initiative, announced Monday, is part of a 10-year plan to finance and facilitate $1.5 trillion in projects spanning defense, energy.
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Trump’s sudden 100% tariff on Chinese imports, effective Nov 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
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Starmer aide discussed potential Beijing fallout of China spy case
Downing Street has confirmed that Jonathan Powell, national security adviser, discussed a high-profile alleged China spying case at a Whitehall meeting shortly before the prosecution collapsed.
Why does China seem to be diverting exports to Africa and Latin America from the U.S.?
China has reported its exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high …
Wall Street thinks Trump will be forced to make a deal for China’s rare earth minerals
China holds an unexpectedly strong hand in the trade war, and the U.S.’s tariffs have been counterintuitively positive for China.
Europe cannot let US, China be ‘technological leaders’: Nobel laureate Aghion
One of the winners of this year’s Nobel economics prize, France’s Philippe Aghion, on Monday warned Europe that it must not let the United States and China dominate technological innovation.”I think …
China’s restrictions on rare earths sends tariff war with Trump back to square one
The renewed tensions between the two powers already affected markets on Friday: the main New York Stock Exchange index, the S&P 500, dropped more than 2%, its worst session since April, when Trump …
Yangtze Memory Secures Institutional Backing Ahead Of An Expected IPO
With an AI boom driving demand for memory and China erecting its own restrictions on foreign chip makers, most notably U.S. leader Micron (MU.US), YMTC hardly needs to worry about demand for its …
Trump tariffs live updates: Trump downplays China tensions; Goldman sees US consumers paying 55% of costs
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European stocks rebound after Trump-fuelled slide
European stock markets rebounded slightly Monday after heavy pre-weekend falls as US President Donald Trump reignited his trade war with China. “European equities are trading higher… (in) a relief …
Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead
China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.
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