Xi Jinping

Marco Rubio meets with Chinese foreign minister, calls it ‘positive’

The Association of Southeast Asian Nations (ASEAN) Post-Ministerial Conference with Canada at the 58th ASEAN Foreign Ministers’ meeting and related meetings at the Convention Centre in Kuala Lumpur, Malaysia on Thursday. U.S. Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi Friday. Photo by ASEAN/UPI | License Photo

July 11 (UPI) — U.S. Secretary of State Marco Rubio met with Chinese Foreign Minister Wang Yi Friday in his first trip to Asia since his appointment to the cabinet post.

Rubio and Wang spoke for about an hour while at the Association of Southeast Asian Nations in Kuala Lumpur, Malaysia. Rubio told reporters it was a “very constructive, positive meeting” and said there is more the two countries could work on together.

He hinted at a potential meeting between President Donald Trump and Chinese President Xi Jinping. He said the odds for that meeting are high, and “I don’t have a date for you, but I think it’s coming.”

At the meeting, Rubio has been working to try to shore up support for United States policies on trade with China. Wang has been pushing Southeast Asian nations to resist American pressure and lean on Beijing.

During the meeting, Rubio emphasized the importance of keeping channels of communication open, and they agreed to explore areas of potential cooperation, while seeking to manage differences, according to State Department Spokesperson Tammy Bruce.

“The Secretary emphasized the need for continued discussion on a range of bilateral issues. The Secretary also raised other issues of regional and global importance,” she said in a press release.

Trump has made new tariff threats on Southeast Asian nations, angering the foreign leaders at the conference, including the host country Malaysia. Japan and South Korea are also facing the threats, which cast doubt on Rubio’s efforts.

Wang met with a Bangladeshi official on Friday and said it was unreasonable and unethical for the U.S. to put 35% tariffs on Bangladesh, which is one of the least developed in the world. China has warned countries that they would face consequences if they worked with the U.S. to impede Chinese exports.

“China has always been the most reliable stabilizing force in a turbulent world and the most reliable partner” for Southeast Asian countries, Wang said on Thursday at a meeting with the region’s diplomats.

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What difference has BRICS made on the world stage? | Politics

The bloc of nations has expanded and aims to reform what it calls a Western-led global order.

The 17th BRICS summit is being held in Brazil, again aiming to balance Western economic power and political dominance.

But as the meetings take place, eyes are on the US and President Donald Trump’s trade tariffs, perhaps showing America still holds the cards.

While the host nation Brazil condemns Israel’s aggression and NATO’s increased defence spending, other countries are not so outspoken.

And two important faces are not attending – Chinese President Xi Jinping and Russian leader Vladimir Putin.

So does BRICS still have a cohesive purpose?

Has the grouping made tangible achievements over the years since it launched in 2009?

And what can it realistically hope to do, in today’s world?

Presenter:

James Bays

Guests:

Gustavo Ribeiro – Founder and editor-in-chief of The Brazilian Report

Sergey Markov –  Director at the Institute of Political Studies in Moscow and former public spokesman for Russian President Vladimir Putin

Jayant Menon – Former lead economist at Asian Development Bank and visiting senior fellow at ISEAS-Yusof Ishak Institute in Singapore

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Brazil hosts BRICS summit; Russia’s Putin, China’s Xi skip Rio trip | International Trade News

Leaders expected to decry US President Donald Trump’s trade tariffs while presenting the bloc as a defender of multilateralism.

Leaders of the growing BRICS group are gathering in Brazil for a summit overshadowed by United States President Donald Trump’s new tariff policies while presenting the bloc as a defender of multilateralism.

The leaders, mainly from the developing world, will be discussing ways to increase cooperation amid what they say are serious concerns over Western dominance at their two-day summit that begins in Rio de Janeiro on Sunday.

The BRICS acronym is derived from the initial letters of the founding member countries: Brazil, Russia, India, China and South Africa. The bloc, which held its first summit in 2009, later added Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates as full members. It also has 10 strategic partner countries, a category created last year, that includes Belarus, Cuba and Vietnam.

But for the first time since taking power in 2012, Chinese President Xi Jinping will not be attending in person, instead sending Prime Minister Li Qiang.

Russian President Vladimir Putin will also miss in-person attendance as he is wanted by the International Criminal Court (ICC) for his role in the 2022 invasion of Ukraine. Brazil, as a signatory to the Rome Statute, would be required to enforce the arrest warrant.

The notable absences are raising questions over the group’s cohesion and global clout.

Now chaired by Brazil, leaders at the BRICS summit are expected to decry the Trump administration’s “indiscriminate” trade tariffs, saying they are illegal and risk hurting the global economy. Global health policies, artificial intelligence and climate change will also be on the agenda.

The BRICS countries say they represent almost half of the world’s population, 36 percent of global land area, and a quarter of the global economic output. The bloc sees itself as a forum for cooperation between countries of the Global South and a counterweight to the Group of Seven (G7), comprised of leading Western economic powers.

However, behind the scenes, divisions are evident. According to a source quoted by The Associated Press news agency, some member states are calling for a firmer stance on Israel’s war in Gaza and its recent strikes on Iran. The source requested anonymity due to the sensitivity of the discussions. Iranian President Masoud Pezeshkian and Egypt’s Abdel Fattah el-Sisi will be attending the Rio summit.

But Al Jazeera’s Lucia Newman, reporting from Rio, said the group’s aim remains clear.

“The BRICS goal is to exert pressure for a multipolar world with inclusive global governance to give a meaningful voice to the Global South, especially in the trading system,” she said.

“It’s not super organised, nor does it have a radical global impact,” Newman added. “The real question is, can an expanded BRICS whose members have very different political systems and priorities form a sufficiently unified bloc to have any significant impact?”

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Trump reveals group of ‘wealthy people’ wants to buy TikTok in U.S.

June 29 (UPI) — President Donald Trump said a group of “very wealthy people” wants to buy the Chinese-owned TikTok social media app that is facing a ban in the United States.

During an interview Friday with Maria Bartiromo that appeared Sunday on Fox News, Trump said, “We have a buyer for TikTok, by the way,” declining to name the potential buyers.

“I’ll tell you in about two weeks,” he added.

The president said he believes Chinese President Xi Jinping “will probably” approve the deal for U.S. ownership of the video service, which was founded in September 2016.

President Joe Biden signed a law in 2024 requiring TikTok to be blocked in the United States unless its parent company, ByteDance, sold it to a non-Chinese company over concerns that sensitive user data could be acquired by the Chinese government.

The U.S. Supreme Court voted unanimously on Jan. 17 that TikTok must be banned from U.S. app stores unless the company divested from the platform and sold to an American company by Jan. 19.

Biden said he didn’t want to intervene in the final days of his presidency, the app went dark around 10:30 p.m. ET on Jan. 18 and the app ceased to appear on Apple and Google‘s app stores.

The 170 million U.S. users and around 1 million creators lost access to the app for at least one day of the 23 million new videos uploaded daily. Those using the app spend about an hour a day looking at some of the 23 million new clips uploaded daily, with teens using it for 2-3 hours a day, according to Exploding Topics.

But the next day, the company restored service after Donald Trump said he would pause the deadline for 75 days when he was sworn in as president on Jan. 20, and signed an executive order to do so on his first day in office. He has since pushed off the deadline two more times, with it now delayed until Sept. 17.

In April, the White House said it was close to a deal in which 50% of the app would be owned by an American company. Negotiations ended when Trump announced tariffs on goods coming from China to the United States. Trump proposed 134% tariffs on most goods but it has been scaled back to 30% for some items exempt.

During his first presidency, on Aug. 6, 2020, Trump signed an executive order “action must be taken to address the threat posed by one mobile application in particular, TikTok” from China.

Trump later credited TikTok with gaining more young voters in the 2024 election and seemed to soften on his stance. ByteDance has also been reluctant to turn over rights to the app’s algorithm.

It is the fifth-most social network with 1.6 billion users in the world behind Facebook, YouTube, Instagram and WhatsApp, according to Statistica.

In April, Adweek compiled a list of suitors for U.S. rights, including Applovin, Amazon, Oracle, Blackstone and Andreessen Horowitz. None confirmed negotiations to Addwek.

“It does not feel like these are serious bids for TikTok,” David Arslanian, managing director of Progress Partners, told Adweek. “It is hard to imagine any of these companies, like Amazon and Oracle, successfully operating just a piece of TikTok.”

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U.S., China reach deal to revive trade truce

June 11 (UPI) — The United States and China have agreed to a framework that would revive last month’s trade truce following two days of talks in London, negotiators announced Wednesday.

The framework and agreement, struck last month in Geneva, must be approved by U.S. President Donald Trump and Chinese President Xi Jinping before it can take effect.

“The two largest economies in the world have reached a handshake for a framework,” U.S. Commerce Secretary Howard Lutnick told reporters. “We have reached a framework to implement the Geneva consensus and the call between the two presidents.”

“The idea is we’re going to go back and speak to President Trump and make sure he approves it. They’re going to go back and speak to President Xi and make sure he approves it, and if that is approved, we will then implement the framework,” Lutnick said.

China’s vice commerce minister told reporters the same information.

“The two sides have, in principle, reached a framework for implementing the consensus reached by the two heads of state during the phone call on June 5th and the consensus reached at the Geneva meeting,” China’s vice commerce minister Li Chenggang said Wednesday.

While specifics of the deal were not revealed, Lutnick said both sides have agreed to roll back controls on exports that are vital to each country. Lutnick expressed optimism that that would include China’s exports of rare earth minerals and magnets to the United States.

“There were a number of measures the United States put on when those rare earths were not coming,” Lutnick added. “You should expect those to come off, sort of as President Trump said, ‘in a balanced way.'”

After their phone call last week cooled tensions amid the escalating trade dispute, Trump said Xi had agreed to restart exports of rare earth minerals and magnets, which are critical to American manufacturing.

Last month, the United States and China announced a 90-day pause on most of their tariffs. Under the agreement, the United States reduced its tariffs on Chinese goods from 145% to 30%, while China reduced its tariffs on U.S. goods from 125% to 10%.

The agreement was reached during trade negotiations in Geneva, where U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with their Chinese counterparts, including Vice Premier He Lifeng.

Asian stocks were mostly up after Wednesday’s announcement, as Mainland China’s CSI 300 index advanced 0.77% higher. U.S. stock futures were initially flat as investors waited for more information on the trade talks.

Bessent announced he would depart the negotiations, which could continue through Wednesday, if needed. Lutnick and Greer planned to remain in London.

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US-China trade talks: Is a thaw on the cards after Trump-Xi call? | Business and Economy News

Top US and Chinese officials are meeting in London in a bid to defuse trade tensions over rare earth minerals and advanced technology after a phone call between Presidents Donald Trump and Xi Jinping last week.

The two sides are aiming in Monday’s talks to build on a preliminary trade deal struck in Geneva in May, which briefly lowered the temperature between Washington and Beijing and offered relief for investors battered by months of Trump’s global trade war.

Since then, the agreement to mutually suspend most of the 100 percent-plus tariffs for 90 days has been followed by barbs and accusations from both sides.

But after reaching a tentative understanding with Xi on resuming the flow of critical minerals, Trump said on Thursday that he expected Monday’s meeting to go “very well”.

Who is leading the US and Chinese delegations?

The US delegation in London is headed by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer. The Chinese contingent will be led by Vice Premier He Lifeng.

The venue of the meeting has not been disclosed.

What happened during last week’s call between Xi and Trump?

Monday’s meeting comes four days after Trump and Xi spoke by phone, their first direct interaction since Trump’s January 20 inauguration.

After the more than hourlong call on Thursday, Trump said the conversation was focused on trade and had resulted in a “very positive conclusion” for both countries.

In the first readout of the call, Trump posted on his social media site, Truth Social: “I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal.”

“There should no longer be any questions respecting the complexity of Rare Earth products. Our respective teams will be meeting shortly at a location to be determined. During the conversation, President Xi graciously invited the First Lady and me to visit China, and I reciprocated,” he added.

For his part, Xi was quoted by Chinese state TV as saying after the call that the two countries should strive for a win-win outcome and dialogue and cooperation are the only right choice for both.

In recent weeks, both sides have accused the other of breaching their deal made in Geneva and aimed at dramatically reducing tariffs – an agreement Trump touted as a “total reset” after he announced tariffs on all US trading partners on April 2.

The tentative truce struck on May 11 in Geneva brought US tariffs on Chinese products down from 145 to 30 percent while Beijing slashed levies on US imports from 125 to 10 percent.

The agreement gave both sides a three-month deadline to try to reach a more lasting deal.

In what ways have US export controls played a role?

Renewed tensions between the US and China began just one day after the May 12 announcement of the Geneva agreement to temporarily lower tariffs.

The US Department of Commerce issued guidance saying the use of Ascend artificial intelligence chips from Huawei, a leading Chinese tech company, could violate US export controls.

The agency warned companies “anywhere in the world” against using AI chips made by Huawei, claiming they illegally contained, or were made with, US technology.

Beijing publicly criticised Washington’s move to limit access to American technology, accusing the US of trying to stymie China’s ability to develop cutting-edge AI chips.

On May 15, Chinese Ministry of Commerce spokesperson He Yongqian accused the US of “abusing export control measures”, adding that China would take steps to defend its business interests.

Lutnick wasn’t in Geneva last month, but he is a lead negotiator in Monday’s talks in London. His Commerce Department oversees export controls for the US, and some analysts believe his participation is an indication of how central the issue has become for both sides.

China issuing rare earth licences to US companies

In response to Trump’s April 2 tariff announcement, Beijing suspended exports to all countries of six heavy rare earth metals and associated magnets on April 4.

The move upended global supply chains central to automakers, aerospace manufacturers and military contractors.

China produces 90 percent of the world’s rare earth minerals, which are essential components in permanent magnets – used in a swath of high-tech applications.

Without mentioning rare earths specifically, Trump took to social media last month to attack China’s trade restrictions.

“The bad news is that China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US,” Trump posted on Truth Social on May 30.

After Xi and Trump’s phone call last week, however, the Chinese government hinted that it is addressing US concerns, which have also been echoed by some European companies.

On Saturday, China’s Commerce Ministry said it had approved some rare earth exports, without specifying which countries were involved.

It issued a statement saying it had granted some approvals and “will continue to strengthen the approval of applications that comply with regulations”.

On Monday, the rare earth suppliers of three big US automakers – General Motors, Ford and Stellantis – got clearance from Beijing for a handful of export licences.

Washington wants access to as many rare earths as quickly as possible, Kevin Hassett, head of the National Economic Council at the White House, said on the CBS TV network’s Face the Nation programme on Sunday.

“We want the rare earths, the magnets that are crucial for cellphones and everything else to flow just as they did before the beginning of April, and we don’t want any technical details slowing that down,” Hassett said.

What challenges remain?

Student visas don’t normally figure in trade talks, but a recent US announcement that it would begin revoking the visas of Chinese students has emerged as another flashpoint between Washington and Beijing.

On May 28, US Secretary of State Marco Rubio said the Trump administration would begin to “aggressively” revoke the visas of Chinese university students.

He also said the US would revise visa criteria to enhance scrutiny of all future visa applications from China and Hong Kong.

China is the second largest country of origin for international students in the US after India.

More than 270,000 Chinese students studied in the US in the 2023-2024 academic year.

Beijing’s Ministry of Foreign Affairs spokesperson Mao Ning criticised Washington’s decision to revoke the visas, saying it “damaged” the rights of Chinese students.

Other concerns continue to strain the bilateral relationship from the illicit fentanyl trade to the status of democratically governed Taiwan and US complaints about China’s state-dominated economic model.

Still, Trump’s geopolitical bluster goes well beyond China. While promising to reshape relationships with all US trading partners, Trump so far has reached only one new trade agreement – with the United Kingdom.

Trump’s reduction of US tariffs on Chinese goods runs out in August unless he decides to extend it. If deals aren’t reached, the White House said Trump plans to restore tariff rates to the levels he first announced in April.

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China to fast-track applications for rare-earth minerals to US, EU

A rare earth mine is in Ganxian county in central China’s Jiangxi province. Photo by EPA-ESE

June 7 (UPI) — China has agreed to fast-track approvals for the shipment of rare earth minerals to the United States and some European Union nations.

U.S. President Donald Trump and Chinese leader Xi Jinping spoke Thursday about easing trade tensions.

On Saturday, China’s Minister Seceary Wang Wentao said his nation is “willing to establish a green channel for qualified applications to speed up approval.” Details weren’t given, including the speed of the process and which EU nations are included.

China controls 90% of the global processing of rare earth minerals. Major deposits also are found in the United States, Australia and Russia. Smaller amounts are in Canada, India, South Africa and Southeast Asia.

Rare earth minerals are in the Earth’s crust, making them difficult to extract. They include lanthanide, scandium and yttrium, all on the Periodic Table of Elements. Some major minerals that contain rare earth elements are bastnasite, monazite, loparite and laterite clays.

The first rare-earth mineral was discovered in 1787 — gadolinite, a black mineral composed of cerium, yttrium, iron, silicon and other elements.

U.S. needs rare earth minerals

The minerals are critical to American industries and defense, including use in cars and fighter jets. Batteries contain the minerals

Trump posted on Truth Social on Thursday “there should no longer be any questions respecting the complexity of rare Earth products.”

On April 29, the United States and Ukraine created a Reconstruction Investment Fund that includes rare earth mineral rights in the European nation. Trump and Ukrainian President Volodymyr Zelensky were originally set to sign the minerals deal on Feb. 28, but the plan was scrapped after a tense exchange between them in the Oval Office in which Trump accused him of “gambling with World War III.”

The United States wants access to more than 20 raw materials in Ukraine, including some non-minerals, such as oil and natural gas, as well as titanium, lithium, graphite and manganese.

The Chinese commerce ministry confirmed some applications have been approved without specifying industries covered.

Some Chinese suppliers have recently received six-month export licenses, the American Chamber of Commerce in China said Friday, but it noted that there is a backlog of license applications.

In a survey of member companies conducted by the American Chamber of Commerce in China late week, 75% say their stock would run out within three months, CNN reported.

Jens Eskelund, the chamber president, said member companies were “still struggling” with the situation.

“I hadn’t realized just how important this rare earth card was before. Now the U.S. side is clearly anxious and eager to resolve this issue,” he said a video on Thursday. “But of course, we’ll link this issue to others — the U.S. is restricting China on chips and jet engines, then China certainly has every reason to make use of this card.

“As for whether China will change its rare earth export control policy, that probably still needs to be negotiated in more detail,” Jin added.

Trump said Xi and himself “straightened out” some points related to rare earth magnets, calling it “very complex stuff.”

The U.S. federal government said China had reneged on its promise made in Geneva on May 12.

Delegations from Beijing and Washington plan to meet in Great Britain on Monday for trade negotiations.

At the height of tariff war, China had imposed export restrictions on some minerals on April 4. Trump two days planned a 120% “reciprocal” tax on top of 25% levy on Chinese goods.

But one week later it paused the bigger tariffs, including on other countries for 90 days.

European nations’ needs

China’s commerce ministry pledged to address the EU’s concerns and establish a “green channel” for eligible applications to expedite approvals. He went to Brussels, Belgium, earlier this week and met with European Union’s trade commissioner, Maros Sefcovic.

It’s a problem for China and the EU.

Sefcovic said the pause was slowing deliveries for manufacturers of a wide range of items from cars to washing machines.

Wang urged the EU to “take effective measures to facilitate, safeguard and promote compliant trade of high-tech products to China.”

On Friday, the European Chamber, a Beijing lobby group, warned progress had “not been sufficient” to prevent severe supply chain disruptions for many companies.

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Lee Jae-myung, Trump speak on phone, reaffirm U.S.-South Korea alliance

New South Korean President Lee Jae Myung appears at a news conference at the presidential office in Seoul, South Korea, on Wednesday, his first remarks after being inaugurated earlier in the day. Photo by Ahn Young-joon/EPA-EFE/pool

June 7 (UPI) — South Korea’s President Lee Jae-myung spoke for the first time with U.S. President Donald Trump late Friday as both leaders agreed to further strengthen their nations’ alliance.

Lee, who took office Wednesday, talked with Trump in a 20-minute phone call, according to the presidential office of South Korea.

The White House has not confirmed the conversation, and the president, who is in New Jersey this weekend, hasn’t posted about the call on Truth Social.

The two presidents agreed to strive toward reaching a mutually acceptable trade agreement, including on tariffs.

Trump has imposed 10% baseline tariffs on most trading partners. On April 2, Trump said the Republic of Korea would face a 49% duty but one week later he paused it for three months along with the other worst offenders in the trade imbalance.

South Korea’s tariffs on imported agricultural goods average 54%.

Trump congratulated Lee on his election victory, and the new leader expressed his gratitude, according to the office.

Lee noted the importance of the alliance, which forms the foundation of Seoul’s diplomacy.

The phone call was “conducted in a friendly and candid atmosphere,” as they shared anecdotes and experiences from their election campaigns, according to South Korea’s presidential office.

They exchanged views on their assassination attempts last year and political challenges, in addition to discussing their their golf skills and agreed to play a round together.

Trump invited Lee to the White House and the Group of Seven summit in Alberta, Canada, from June 15-17.

South Korea is not a G7 member state, but the nation attended them group’s meetings in 2021 and 2023. Korea’s neighbor, Japan, is a member of the G7.

Yonhap reported the South Korea government is in consultations for Japanese Prime Minister Shigeru Ishiba and Chinese President Xi Jinping to speak to their leader.

It has not been decided whether Lee will attend the North Atlantic Treaty Organization leaders’ summit in the Netherlands on June 24 and 25, according to the presidential office.

Lee, the Democratic Party liberal candidate, won in a landslide over Kim Moon-soo of the conservative People Power Party. He was inaugurated the next day on Wednesday.

South Koreans turned out in record numbers in a snap election triggered by the impeachment and removal of Yoon Suk Yeol in April after a botched martial law decree.

Some 35.24 million voters cast a ballot, representing a turnout of 79.4% — the highest mark since an 80.7% turnout in 1997.

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Trump speaks with China’s Xi amid trade, student visa tensions | Donald Trump News

US president previously said it was ‘hard to make a deal’ with the Chinese leader as talks continue over trade.

United States President Donald Trump has spoken with Chinese President Xi Jinping by phone as the two countries continue to clash over trade relations, which Trump has sought to aggressively reshape through a series of tariffs.

The Chinese state media outlet Xinhua reported that the phone call on Thursday took place at the request of the US. Trump had said the day before that reaching a deal with China was proving difficult.

In the first readout of the call, Trump posted on his social media site, Truth Social, “I just concluded a very good phone call with President Xi, of China, discussing some of the intricacies of our recently made, and agreed to, Trade Deal. The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both Countries.”

“There should no longer be any questions respecting the complexity of Rare Earth products. Our respective teams will be meeting shortly at a location to be determined. During the conversation, President Xi graciously invited the First Lady and me to visit China, and I reciprocated,” he added.

Trump also noted the conversation was focused almost entirely on trade and that neither the Russia-Ukraine war nor the Iran nuclear talks were mentioned.

On Wednesday, Trump had posted: “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!”.

For his part, Xi was quoted by Chinese State TV as saying after the call Thursday, the two countries should strive for a win-win outcome and that dialogue and cooperation are the only right choice for both. The two sides should respect each others’ concerns, he added.

Xi also stressed that the US should handle the Taiwan issue very “carefully”.

China and the US reached a 90-day agreement on May 12 to bring down tariffs amid a trade war initiated by the Trump administration, but tensions have remained high since then.

Washington imposed significant tariffs on Beijing, but eventually eased off amid concerns about the potential economic fallout of a sustained trade war between the world’s two largest economies.

Critics have accused Trump of causing enormous disruptions in the global economy and then backing down when China or the European Union hit back forcefully.

The Trump administration has also launched a crackdown on Chinese international students living in the US, threatening to revoke student visas of those associated with the Chinese Communist Party or who the government claims pose vaguely defined threats to US national security. More than 277,000 Chinese students were enrolled in US universities during the 2023-2024 academic year.

China said such steps, along with others targeting China’s technology sector, violate the temporary trade truce reached with the US in May.

“These practices seriously violate the consensus,” the Ministry of Commerce in Beijing said in a recent statement.

While disputes between Washington and Beijing over issues such as trade and technology have been a common feature of their relations for decades, these tensions have ratcheted up as Trump sets out to change what he sees as a global imbalance of commercial exchange between the US and other countries, including China.

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Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade restrictions.

United States President Donald Trump has said his Chinese counterpart, Xi Jinping, is tough and “extremely hard to make a deal with”, days after he accused China of violating an agreement to roll back tariffs and trade restrictions.

“I like President Xi of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH,” Trump said in a post on his Truth Social online platform on Wednesday, amid growing tensions between the two nations over their tariff truce.

On Monday, White House press secretary Karoline Leavitt had said Trump would speak with Xi to iron out differences on last month’s tariff agreement, among larger trade issues.

In May, American and Chinese negotiators had struck a deal in Geneva that lowered US tariffs on goods from China from 145 percent to 30 percent. In exchange, China dropped its tariffs on US goods from 125 percent to 10 percent.

Analysts had described the agreement as unexpected, pointing out that the two sides had been so widely apart on their tariff dispute. Still, the deal was seen as a welcome development averting a bigger showdown that unnerved the global market.

But on Monday, China’s Ministry of Commerce said the US has “severely violated” the deal, adding that it would take steps to defend its interests.

US violations included the halting sales of computer chip design software to Chinese companies, the blocking of usage of Chinese-made chips from the tech giant Huawei, as well as the cancellation of visas for Chinese students, the Commerce Ministry said.

The ministry also said US actions severely violate an agreement reached in January during an earlier phone call between Xi and Trump.

Trump had also ranted on social media last week, accusing Beijing of “totally” violating the agreement with the US.

He did not specify which provisions in the May tariffs deal were violated. But US Trade Representative Jamieson Greer was later quoted in media reports as saying Beijing had failed to remove non-tariff barriers levied against the US, as agreed under the deal.

Last week, a US trade court ruled that Trump overstepped his authority in imposing the bulk of his tariffs on imports from China and other countries under an emergency powers act.

Less than 24 hours later, a federal appeals court reinstated it, saying it was considering the government’s appeal.

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Brit held by US after being accused of ‘spying and plotting’ for China

A BRITISH businessman has been accused of spying and plotting to smuggle sensitive military technology to China.

The FBI claim investigators intercepted phone calls in which John Miller, 63, called Chinese leader Xi Jinping as “The Boss”.

The 63-year-old from Kent is also alleged to have tried to buy military hardware in the US for the People’s Liberation Army.

This included missile launchers, air defence radars and Black Hornet “microdrones” that can fly within feet of enemy soldiers and enter buildings to spy on troop positions.

Other equipment he attempted to purchase included a hand-held device approved by America’s National Security Agency for the secure communication of classified material.

Mr Miller also suggested smuggling a device by glueing it inside a food blender so it could then be “sent via DHL or Fedex to Hong Kong, according to US court papers.

The FBI said Mr Miller calling Xi “The Boss” showed his “awareness that he was acting at the direction and control of the [Chinese] government”.

He was arrested on April 24 after he was caught in a sting when the ‘arms dealers’ he was negotiating with turned out to be undercover FBI agents.

Mr Miller was on a business trip to Belgrade, Serbia, at the time and is still being held last night facing extradition to the US.

He is accused of conspiring with US-based Chinese national, Cui Guanghai, 43, and if convicted, both men face up to 40 years in prison.

Neighbours at his five-bedroom £1.5million home in Tunbridge Wells described him a “respectable family man”, according to the Mail on Sunday.

Xi Jinping giving a keynote speech at the opening ceremony of the China-CELAC Forum.

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The FBI claim investigators intercepted phone calls in which alleged spy John Miller called Chinese leader Xi Jinping ‘The Boss’Credit: Alamy

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Trump says China ‘violated’ Geneva deal with US on tariffs, minerals | Donald Trump News

United States President Donald Trump has accused China of violating an agreement to mutually roll back tariffs and trade restrictions for critical minerals, as he suggested China was in “grave economic danger” until he agreed to cut a deal earlier this month.

Posting on his Truth Social platform on Friday evening, Trump said he made a “fast deal” with China for both countries to back away from triple-digit tariffs for 90 days to “save” Beijing from a “very bad situation”.

The US leader said his tariffs of up to 145 percent on Chinese imports had made it “virtually impossible” for China to trade with the US market, resulting in closed factories and “civil unrest” in the country.

“China, perhaps not surprisingly to some, HAS TOTALLY VIOLATED ITS AGREEMENT WITH US. So much for being Mr. NICE GUY!” Trump added.

Trump did not specify in his post how China had violated the agreement – made following trade talks in Geneva, Switzerland, in mid-May – or what action he planned to take at their alleged failure to comply with its terms.

Asked by reporters about the China deal later on Friday in the Oval Office, Trump said: “I’m sure that I’ll speak to [China’s] President Xi [Jinping], and hopefully we’ll work that out.”

Trump’s deputy chief of staff, Stephen Miller, told reporters that China’s failure to fulfil its obligations “opens up all manner of action for the United States to ensure future compliance”.

Miller added that Trump hoped China would open up to American business in a similar manner to the way the US has been open to Chinese business “for a very long time now”.

China’s embassy in Washington said Beijing has maintained communication with its US counterparts since the Geneva talks, but said they had concerns about recently imposed US export controls.

“China has repeatedly raised concerns with the US regarding its abuse of export control measures in the semiconductor sector and other related practices,” embassy spokesperson Liu Pengyu said in a statement.

“China once again urges the US to immediately correct its erroneous actions, cease discriminatory restrictions against China and jointly uphold the consensus reached at the high-level talks in Geneva,” Liu added.

Broken promises

Earlier this week, media reports suggested the Trump administration had ordered US firms offering software used to design semiconductors to stop selling their services to Chinese groups.

On Wednesday, a spokesperson for the US Department of Commerce confirmed that it was reviewing exports of strategic significance to China, and “in some cases … suspended existing export licences or imposed additional licence requirements while the review is pending”.

On Friday, shortly after lamenting China’s lack of compliance with the Geneva agreement, President Trump also announced plans to increase tariffs on foreign imports of steel from 25 percent to 50 percent on June 4.

The agreement two weeks ago dialling back tariffs for 90 days prompted a massive rally in global stocks, as it effectively lowered the US tariff rate on Chinese goods to the mid-teens from about 25 percent in early April.

As part of the deal, China also agreed to lift trade countermeasures restricting exports of critical metals needed for production by US semiconductors, electronics and defence industries.

But Trump administration officials have publicly stated that China has been slow to adhere to their Geneva commitments and have so far failed to comply.

 

The Reuters news agency also reported on Friday that global auto executives are sounding the alarm on a looming shortage of rare-earth magnets from China that could force car factories to close within weeks.

“Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras,” the Alliance for Automotive Innovation said in a letter to the Trump administration.

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Gulf states, China take centre stage at summit of Southeast Asian nations | International Trade News

The Gulf Cooperation Council (GCC), China and the 10-member Association of Southeast Asian Nations (ASEAN) agreed to “chart a unified and collective path towards a peaceful, prosperous, and just future”, following their meeting in the Malaysian capital, Kuala Lumpur.

In a world roiled by United States President Donald Trump’s threats of crippling tariffs and rising economic uncertainties, alternative centres of global power were on full display, with the GCC and China attending the ASEAN summit for the group’s inaugural trilateral meeting on Tuesday.

In their joint statement released on Wednesday, the GCC – comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – China, and ASEAN members Indonesia, Singapore, Malaysia, Thailand, Vietnam, Philippines, Brunei, Cambodia, Laos and Myanmar said they were committed to enhancing economic cooperation.

Chief among that cooperation will be the promotion of free trade, the signatories said, adding they looked “forward to the early completion of the GCC-China Free Trade Agreement negotiations” and the upgrading of the ASEAN-China free trade area.

“We reaffirm our collective resolve to work hand in hand to unleash the full potential of our partnership, and ensure that our cooperation translates into tangible benefits for our peoples and societies,” they said.

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi, Myanmar's Permanent Secretary of the Ministry of Foreign Affairs Aung Kyaw Moe, Laos' Prime Minister Sonexay Siphandone, Singapore's Prime Minister Lawrence Wong, Saudi Arabian Foreign Minister Faisal bin Farhan Al Saud, Thailand's Prime Minister Paetongtarn Shinawatra, Qatar's Emir Tamim bin Hamad Al Thani, Vietnam's Prime Minister Pham Minh Chinh, Kuwait's Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah, Malaysia's Prime Minister Anwar Ibrahim, Philippines' President Ferdinand Marcos Jr, UAE Supreme Council Member and Ruler of Ras Al Khaimah, Sheikh Saud bin Saqr Al Qasimi, Brunei's Sultan Hassanal Bolkiah, Bahrain's Crown Prince Salman bin Hamad Al Khalifa join hands for a group photo as they attend the 2nd ASEAN-GCC Summit at the Kuala Lumpur Convention Centre in Kuala Lumpur, Malaysia, May 27, 2025. REUTERS/Hasnoor Hussain
ASEAN and GCC members join hands for a group photo as they attend the 2nd ASEAN-GCC Summit at the Kuala Lumpur Convention Centre in Kuala Lumpur, Malaysia, on May 27, 2025 [Hasnoor Hussain/Reuters]

Malaysia’s Prime Minister Anwar Ibrahim – whose country is currently chair of ASEAN and hosted the summits – told a news conference that the US remains an important market while also noting that ASEAN, the GCC, and China collectively represent a combined gross domestic product (GDP) of $24.87 trillion with a total population of about 2.15 billion.

“This collective scale offers vast opportunities to synergise our markets, deepen innovation, and promote cross-regional investment,” Anwar said.

The prime minister went on to dismiss suggestions that the ASEAN bloc of nations was leaning excessively towards China, stressing that the regional grouping remained committed to maintaining balanced engagement with all major powers, including the US.

James Chin, professor of Asian studies at the University of Tasmania in Australia, told Al Jazeera that the tripartite meeting was particularly important for China, which is being “given a platform where the US is not around”.

ASEAN and the GCC “already view China as a global power”, Chin said.

‘The Gulf is very rich, ASEAN is a tiger, China…’

China’s Premier Li Qiang, who attended the summit, said Beijing was ready to work with the GCC and ASEAN “on the basis of mutual respect and equality”.

China will work with “ASEAN and the GCC to strengthen the alignment of development strategies, increase macro policy coordination, and deepen collaboration on industrial specialisation,” he said.

Former Malaysian ambassador to the US Mohamed Nazri bin Abdul Aziz said China was “quickly filling up the vacuum” in global leadership felt in many countries in the aftermath of Trump’s tariff threats.

Malaysia's Prime Minister Anwar Ibrahim poses for photos with China's Premier Li Qiang ahead of the ASEAN - Gulf Cooperation Council (GCC) - China Summit, after the 46th Association of Southeast Asian Nations (ASEAN) Summit, in Kuala Lumpur, Malaysia May 27, 2025. MOHD RASFAN/Pool via REUTERS
Malaysia’s Prime Minister Anwar Ibrahim, right, poses for photos with China’s Premier Li Qiang before the ASEAN-Gulf Cooperation Council (GCC)-China Summit in Kuala Lumpur, Malaysia, on Tuesday [Mohd Rasfan/Pool via Reuters]

The economic future looks bright, Nazri said, for ASEAN, China and the Gulf countries, where economies are experiencing high growth rates while the US and European Union face stagnation.

“The Gulf is very rich, ASEAN is a tiger, China… I cannot even imagine where the future lies,” Nazri said.

Jaideep Singh, an analyst with the Institute of Strategic & International Studies in Malaysia, said ASEAN’s trade with GCC countries has been experiencing rapid growth.

Total trade between ASEAN and the Gulf countries stood at some $63bn as of 2024, making GCC the fifth-largest external trading partner of the regional bloc, while Malaysia’s trade with the GCC grew by 60 percent from 2019 to 2024.

In terms of foreign direct investment, FDI from GCC countries in ASEAN totalled some $5bn as of 2023, of which $1.5bn went to Malaysia alone, Singh said.

However, the US, China, Singapore and the EU still make up the lion’s share of FDI in Malaysian manufacturing and services.

US still ASEAN’s biggest export market

Even as China’s trade with ASEAN grows, economist say, the US still remains a huge market for regional countries.

In early 2024, the US took over China as ASEAN’s largest export market, with 15 percent of the bloc’s exports destined for its markets, up nearly 4 percent since 2018, said Carmelo Ferlito, CEO of the Center for Market Education (CME), a think tank based in Malaysia and Indonesia.

“The US is also the largest source of cumulative foreign direct investment in ASEAN, with total stock reaching nearly $480bn in 2023 – almost double the combined US investments in China, Japan, South Korea, and Taiwan,” Ferlito said.

Israel’s war on Gaza was also highlighted at the ASEAN-GCC-China meeting on Tuesday.

Delegates condemned attacks against civilians and called for a durable ceasefire and unhindered delivery of fuel, food, essential services, and medicine throughout the Palestinian territory.

Supporting a two-state solution to the conflict, the joint communique also called for the release of captives and arbitrarily-detained people, and an end to the “illegal presence of the State of Israel in the occupied Palestinian territory as soon as possible”.

The civil war in Myanmar was also a focus of the talks among ASEAN members at their summit on Tuesday, who called for an extension and expansion of a ceasefire among the warring sides, which was declared following the earthquake that struck the country in March. The ceasefire is due to run out by the end of May. However, human rights groups have documented repeated air attacks by the military regime on the country’s civilian population despite the purported temporary cessation of fighting.

Zachary Abuza, professor of Southeast Asia politics and security issues at the Washington-based National War College, said that while Prime Minister Anwar may be “more proactive” – in his role as ASEAN chair – in wanting to resolve the conflict, Myanmar’s military rulers were “not a good faith actor” in peace talks.

“The military has absolutely no interest in anything resembling a power-sharing agreement,” he said.

 

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Did the US flinch first in tariff war with China? | Trade War News

On Monday, the United States and China reached an agreement to slash sky-high tariffs for 90 days. Though both sides claimed they could withstand a long trade war, they reached a truce quicker than many analysts expected.

The breakthrough marked a dramatic ratcheting down of trade tensions following the tariff war launched by US President Donald Trump during his “liberation day” announcement on April 2.

Trump initially unveiled so-called reciprocal tariffs on dozens of countries before pausing them just one week later. China, however, did not get off the hook and Beijing soon retaliated with tariffs of its own.

Tit-for-tat exchanges quickly snowballed into eye-watering sums. By April 11, tariffs on Chinese goods entering the US had reached 145 percent and levies on US products going to China had swelled to 125 percent.

Tensions were already at boiling point last weekend when US Treasury Secretary Scott Bessent and He Lifeng, China’s vice-premier, agreed a ceasefire that would slash respective tariffs by 115 percentage points for three months.

US duties on Chinese products will now fall to 30 percent, while China’s tariffs on US goods will drop to 10 percent. Stock Markets rallied on the news, with the Nasdaq Composite climbing 4.3 percent on Monday and gaining 20 percent over its April low.

But one key question has significant implications for trade talks to come: Did Washington or Beijing flinch first?

What did the two countries say?

The tariff suspension, which was sharper than analysts expected, came after two days of trade talks in Geneva, Switzerland. On Monday, the US and China released a joint statement announcing the deal.

The two countries acknowledged the importance of their “bilateral economic and trade relationship” as well as the importance of a “sustainable, long-term, and mutually beneficial economic and trade relationship”.

The US and China agreed to establish a mechanism to continue discussing trade relations. China also agreed to “suspend or cancel” non-tariff measures against the US, but did not provide any details.

Speaking to reporters in Geneva last weekend, China’s Vice Premier He described the talks as “candid, in-depth and constructive”.

For his part, US Treasury Secretary Bessent told Bloomberg Television on Monday that “both sides agree we do not want a generalised decoupling.”

“The US is going to do a strategic decoupling in terms of the items that we discovered during COVID were of national security interests – whether it’s semiconductors, medicine, steel,” Bessent said.

After the talks concluded, Trump praised negotiations as a “great trade deal”, adding “we’re not looking to hurt China.” He then claimed a personal win, saying he had engineered a “total reset” with Beijing.

Elsewhere, Hu Xijin, former editor of the Chinese state-run Global Times publication, said on social media that the deal was “a great victory for China”.

What are the terms of the pause?

After the tariff pause had been announced, Bessent said it’s “implausible” that reciprocal tariffs on China will fall below 10 percent. However, he said the April 2 level – set by President Trump at 34 percent – “would be a ceiling”.

He also said “we could see some amount of the fentanyl tariffs… come off.” Earlier this year, Trump put a 20 percent tariff on China, accusing it of not doing enough to stop the flow of fentanyl, a highly addictive and deadly opioid, into the US.

For now, Chinese goods will continue face a 30 percent tariff. In addition, specific products from China, such as electric vehicles, steel and aluminium, are subject to even higher, separate tariffs imposed in recent years.

On Monday, the White House also issued an executive order lowering duties on low-value packages – items costing up to $800 – from China from 120 to 54 percent.

And while a minimum $100 fee on packages from e-commerce sites Temu and Shein will remain in place, the increase to $200 planned for June 1 was dropped.

On the flip side, Beijing pledged to suspend non-tariff forms of retaliation imposed since April 2, such as export restrictions on critical minerals that US manufacturers use in high-tech equipment and clean energy technology.

Notably, the deal does not include concessions from Beijing on several US sticking points, like its huge trade surplus with the US or its exchange rate policy, China is accused of keeping its renminbi artificially low in order to boost export sales.

Tariff suspensions will be in place for 90 days. They will be subject to reviews based on broad negotiations in the coming weeks and months.

Who conceded more ground?

The speed with which the US and China unwound their tariffs, taking many analysts by surprise, suggests the trade war was inflicting pain on both sides.

The tariffs were threatening job losses for Chinese factory workers and higher inflation and empty shelves for American consumers.

But for Piergiuseppe Fortunato, an adjunct professor of economics at the University of Neuchatel in Switzerland, it is clear who wanted the deal more badly.

“First of all, America made more concessions than China. Second, America’s economy, which is unsteady at the moment, is more reliant on China’s than the other way around.”

In April, the International Monetary Fund (IMF) warned that the US economy was facing an increased risk of recession as Trump’s trade war – and the accompanying increase in consumer prices – could unleash a “significant slowdown”.

Fortunato told Al Jazeera that “Beijing is not in such a precarious position. Take, for example, its latest export figures.”

China’s exports grew sharply in April. The strong performance, an 8.2 percent increase from the year before, came as Chinese firms diverted trade flows to Southeast Asia, Europe and other destinations.

“I think that Washington overplayed its hand with Beijing,” says Fortunato.

“The White House overestimated the importance of the US market, and underestimated China’s success in diversifying its exports away from the US since the first Trump trade war” in 2018.

What will happen next?

“It could take a long time to reach a detailed agreement, if one is even possible,” notes Fortunato.

In 2018, the US backed away from a potential trade deal following talks with Beijing. The next 18 months saw tariff exchanges before a Phase One deal was signed in January 2020.

However, China did not meet all the terms of that purchase agreement. It fell some 43 percent short of the $200bn worth of goods it agreed to buy from the US by 2021.

Then, the US trade deficit with China jumped up during the COVID-19 pandemic, setting the stage for the current trade war.

Earlier this week, Bessent once again hinted that Washington might be looking for the type of “purchase agreements” that characterised the Phase One deal.

“The US has made noises that it may be going for more purchase agreements. But the American economy took a hit last time from similar arrangements,” says Fortunato.

During Trump’s first trade war with China, the US-China Business Council estimated that 245,000 US jobs were lost.

As the scope of tariffs is greater today, even after last weekend’s announcement, it’s fair to assume that even more jobs will be shed.

In the future, Fortunato suspects the US will “land at an average tariff rate of 15-20 percent, and even higher for China. That’s five times greater than what it was in January… a massive change.”

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