File photo: US President Donald Trump and Chinese President Xi Jinping (Picture credit: PTI) US President Donald Trump and Chinese President Xi Jinping held a wide-ranging telephone conversation on Wednesday, discussing issues spanning trade, security, Taiwan, Iran and the war in Ukraine, as Washington and Beijing seek to stabilise ties between the world’s two largest…
President Trump’s trade war strategy – featuring sweeping tariffs – has not curtailed China’s export machine. (AI image) Driving the news:Despite nearly a decade of US tariffs under President Donald Trump, China’s trade surplus has exploded, hitting $1.08 trillion through November – the highest ever recorded globally and a level China didn’t reach until year-end…
US President Donald Trump met Chinese leader Xi Jinping in South Korea on Thursday in a bid to stabilise relations between the world’s two largest economies after months of trade tension. The meeting took place at a military base in Busan, with both leaders exchanging warm greetings on the red carpet.“Good to see you again,”…