China, Donald Trump and Xi
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AI, Trump and action plan
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4hon MSN
Treasury Secretary Bessent details Trump administration's plan to tackle China's economic imbalances
China trade has reached a "good place" with reduced tariffs, but said China's 30% share of global manufacturing is unsustainably imbalanced.
That’s the case when gauging China’s evolving view of President Donald Trump’s second term. Beijing sees Trump’s disruptive actions — his gutting of institutions of U.S. soft power, his launching of trade wars against adversaries and allies alike,
At least $1bn worth of Nvidia’s advanced artificial intelligence processors were shipped to China in the three months after Donald Trump tightened chip export controls, exposing the limits of Washington’s efforts to restrain Beijing’s high-tech ambitions.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
Washington had been a buffer against China’s efforts to use UNESCO to influence education, historical designations and even artificial intelligence.
The State Department said that officials are actively engaged with their Chinese counterparts to resolve the situation swiftly.
Yifan He, CEO of blockchain company Red Date Technology, says China is not likely to make big changes on its stance on cryptocurrency anytime soon – but Beijing is still paying close attention to stablecoin regulation in both Hong Kong & the US.
Last month, President Trump extended by 90 days to Sept. 17 a deadline for China-based ByteDance to divest the US assets of TikTok.