China, Trump and trade deals
Digest more
US Secretary of State Marco Rubio and China Foreign Minister Wang Yi attended separate meetings with their ASEAN counterparts in Kuala Lumpur on Thursday (Jul 10).
China's June new yuan loans tripled compared with a month ago, likely supported by front-loaded public funding and strength in corporate loans against the backdrop of a sustained trade truce between China and the United States.
The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.
China accused the US of using long-arm jurisdiction to detain an alleged Chinese hacker in Italy, in a dispute that threatens to turn into another point of friction in bilateral ties.
The U.S. pork industry exports about 55 percent of pork offal, sometimes called pork variety meats, to China, according to the National Pork Producers Council. These are the internal organs of hogs, like the kidneys, liver and tongue, which are commonly used in Chinese dishes but are not a part of most American diets.
2don MSN
Trump's trade advisor Peter Navarro ripped into Apple's reliance on China on Monday. Leaving the country might be harder than Trump thinks, analysts say.
The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.
The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.
Kazakhstan, whose close ties with Russia and China have made it a significant regional player in Central Asia, has said it is ready to reach a compromise with the Trump administration over tariffs due to take effect next month.