China, export and trade talks in London
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The present trajectory of US-China relations, characterized by rivalry, mutual distrust, and strategic decoupling, has not only undermined bilateral relations but also diminished the efficacy of global institutions including the United Nations, World Trade Organization (WTO), World Health Organization (WHO), and climate governance frameworks.
After two days of closely watched trade talks between the United States and China in London, US President Donald Trump has declared the negotiations have led to a wide-ranging deal to maintain the fragile truce laid out after earlier talks in Geneva.
Beijing has gained time to build up its own strengths by drawing out negotiations with the United States, using its chokehold over critical minerals.
The 30-minute call comes as Lee, a liberal from South Korea's Democratic Party, seeks to ease tensions on the Korean Peninsula. North-South relations are at their most strained in decades amid Kim's frequent ballistic missile tests and North Korean troop deployments to support Russia's war against Ukraine.
WASHINGTON (Reuters) -China's Huawei Technologies is capable of producing no more than 200,000 advanced artificial intelligence chips in 2025, a top U.S. exports controls official told lawmakers on Thursday, warning that though the number is below the company's demand, China is quickly catching up to U.S. capabilities.
Trump announces major China trade deal securing rare earth minerals with 55% US tariffs vs 10% China tariffs. Agreement reshapes global supply chains.
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China and 53 African countries called on nations, especially the United States, to return to the "right track" of resolving trade differences, the official Xinhua news agency reported on Wednesday.