Xi, China and Trump
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L eading U.S. energy products exporter Enterprise Products Partners warned that the Trump administration continuing to “weaponize” fossil fuel shipments to China would only backfire against U.S. shippers.
U.S. senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents and Taiwan, emphasizing security and human rights as President Donald Trump focuses on trade with Beijing.
Derek Scissors, AEI Asia economist, joins 'The Exchange' to discuss Trump's push for a deal with China and the hurdles and likely outcomes from the negotiations.
Democratic lawmakers expressed “grave concern” to Commerce Secretary Howard Lutnick after the administration approved Nvidia’s exporting chips to China, loosening controls imposed on national security grounds.
After previously saying that the US would block exports of key AI chips to China, Donald Trump's administration has backtracked.
The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday.
"The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold."
President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.