China, Xi and Trump
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China, nuclear
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4hon MSN
Facing high Trump tariffs, Africa's leading economy says it's close to a new trade deal with China
China and South Africa signed a framework agreement for a new trade deal on Friday as Africa's leading economy looks to other options following the high import tariffs imposed on it by the U.S. and its diplomatic fallout with the Trump administration.
Beijing stressed Taiwan is the most important issue while Trump highlights the trade aspects of the bilateral relations.
President Trump's focus overseas may spare China for now, but Beijing still worries that his "America First" rhetoric hasn't softened what it calls U.S. "military adventurism."
Oz’s "Trump babies" remark may one day read less like a quip and more like a statement of political realignment. One country taxes condoms and buys robots. The other negotiates pharma discounts and builds a federal drug bazaar. The clock is ticking on which approach will prevail.
In response to Trump's tariffs, China's use of other Asian manufacturing markets and forced labor is adding trillions into Chinese GDP.
President Trump's tariffs and rhetoric have spurred some longtime U.S. allies to diversify their trade ties away from the U.S. Some are going cap-in-hand to Asian superpowers China and India.
Trump's Greenland focus highlights urgent Arctic security needs as Sen. Sullivan reveals new U.S. defenses against Sino-Russian threats in Alaska.
Soybeans and bean oil ended sharply higher but off session highs, corn slightly higher with wheat lower. Cattle rallied to nearterm highs, with hogs mixed.
The Panama Canal has been thrust into the middle of a power struggle between the U.S. and China, the world's two largest economies.