China has suspended export controls announced this month, but was conspicuously silent about rules imposed earlier, which are snarling global supply chains.
The two leaders reached an agreement on fentanyl, some tariffs and rare earths, at least for a year. But even as the global trade picture cleared a little, Mr. Trump spurred new worries about nuclear proliferation.
By withholding soybean purchases and rare-earth exports, China extracted relief from U.S. tariffs and delayed export controls, without conceding much in return.
President Trump and the Chinese leader Xi Jinping are being described as “irreplaceable” and “world class leaders” before a meeting seen as critical for shoring up a trade truce.
The president signaled he would discuss the sale of Nvidia’s Blackwell chips in a summit on Thursday, a move U.S. officials warned would be a “massive” national security mistake.
It needs the United States for defense and has spent billions building factories in America. But a Trump trade deal this week with China could erase a Korean edge in the U.S. market.
China’s leader draws on lessons from Lin Zexu, a Qing official whose defiance of Britain led to China’s humiliating defeat but made him a national hero.
Ahead of a meeting with President Trump, China’s leader signaled that he is committed to competing in manufacturing and technology despite tensions with Washington.
A preliminary tariff deal with President Trump called for a large investment in the United States, while China has warned Seoul not to side with Washington.
The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing.
The U.S. announced agreements on Sunday with Malaysia, Thailand and Cambodia, securing support for its efforts to pressure China on trade and critical minerals.
Investors sent major global indexes higher on optimism that President Trump and China’s top leader, Xi Jinping, could reach a wider agreement this week.
A helicopter and a fighter jet went down in separate incidents while operating from a U.S. aircraft carrier on Sunday, the Navy said. The crews were rescued.
A botched spying case prompted accusations that the British government was soft on China, highlighting tensions between economic and national security interests.
Concern is increasing throughout Southeast Asia as U.S. officials, intent on slowing China, have yet to say how they will define the origin country of imports.
Negotiators announced on Sunday they had preliminarily agreed on several issues ahead of an expected meeting between President Trump and Xi Jinping this week.
President Trump is embarking on a six-day diplomatic tour of Asia, testing his role as a statesman and negotiator as he pursues a trade deal with Beijing.
From Kuala Lumpur to Gyeongju, President Trump is casting himself as a deal-maker and peace negotiator, while a wary region looks for tariff relief and steadier ties.