
Trump says tariffs talks with China ‘moving along well'
Advertisement
'We're moving along with China. We're doing fine with China,' Trump told reporters at the White House. 'I think it's going to work out very well. We're right in step … I think we're going to have a very fair deal with China,' he added.
Trump's latest comment came a day after delegations from both countries finished a third round of
high-level talks in Sweden, ahead of an August 12 expiration of a pause on additional tariffs that the world's two largest economies slapped on each others' goods.
Beijing and Washington had been expected to extend their tariff truce another three months, sources on both sides
told the South China Morning Post before discussions began on Monday.
The Chinese embassy in Washington has not responded to a request for comment. This month it noted that China's exports to the US declined by 24 per cent year on year in the second quarter of 2025, with the situation 'equivalent to the first quarter of 2020 when the economy activity was stagnant' during the pandemic.
02:07
China, US finish Stockholm trade talks with divergence on timing of tariff pause extension
China, US finish Stockholm trade talks with divergence on timing of tariff pause extension
At separate press briefings on Tuesday in Stockholm, US and Chinese negotiators, while calling their discussions 'constructive', diverged on the timing of the fresh tariff pause.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
an hour ago
- South China Morning Post
China's safeguarding of cultural heritage signals its global ambition
China is making its cultural heritage protection a national priority – and a pillar of its global identity. As one of the world's fastest-growing art markets, China has taken steps in recent years to better safeguard its cultural heritage, both at home and abroad. From restoring ancient sites to recovering looted antiquities and building museums at a rapid rate, these efforts reflect more than a conservation push. They signal that the world's most populous nation views the protection of its antiquities as central to its national identity and role on the global stage. President Xi Jinping has repeatedly emphasised the importance of cultural preservation , making it a hallmark of his governance. Since taking office in 2012, he has addressed the issue repeatedly in inspection tours and key speeches, underscoring that heritage is integral to the 'cultural confidence' China is promoting as part of his core ideologies. This concept – that Chinese culture, values and history are not subordinate to those of other nations but stand on equal, if not greater, footing – reflects a belief that China's long and complex civilisation is not only a source of pride but also a guiding force for modern life and, increasingly, a tool of soft power This vision is taking shape through concrete policy and action. Historic neighbourhoods in cities such as Fuzhou – where Xi famously clashed with developers over conservation – are now protected and undergoing restoration. This shift represents a broader national trend of safeguarding urban cultural heritage in the face of modernisation. In Xi's first decade in office, China's central government allocated over 100 billion yuan (US$14 billion) to cultural heritage protection, more than doubling the number of national priority protected cultural sites and adding eight Chinese sites to the Unesco World Heritage list. China now has the second largest number of World Heritage sites at 60, in close competition with Italy and its 61 sites.


South China Morning Post
an hour ago
- South China Morning Post
Ukraine war: Trump moves nuclear submarines after Russia's Medvedev makes threats
US President Donald Trump on Friday said he had ordered two nuclear submarines to be positioned in 'appropriate regions' in response to threats from former Russian president Dmitry Medvedev. 'I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that,' Trump said in a social media post that called Medvedev's statements highly provocative. He added: 'Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.' Trump did not say whether he meant nuclear-powered or nuclear-armed submarines. He also did not elaborate on the locations, which are kept secret by the US military. Trump and Medvedev, who is deputy chairman of Russia's Security Council, traded taunts in recent days after Trump on Tuesday said Russia had '10 days from today' to agree to a ceasefire in Ukraine or be hit, along with its oil buyers, with tariffs. 02:08 Trump threatens Russia with 100% 'secondary' tariffs if no deal on Ukraine ceasefire Trump threatens Russia with 100% 'secondary' tariffs if no deal on Ukraine ceasefire Moscow, which has set out its own terms for peace in Ukraine, has shown no sign that it will comply with Trump's deadline.


South China Morning Post
an hour ago
- South China Morning Post
How do Hong Kong's new taxi fleets stack up? Post journalists tried… but could only order one car
Read more: Hongkongers have long complained about surly service and the lack of electronic payment options in the city's taxi service. Five premium taxi fleets have launched in the city that claim to offer customers a more premium option. However, it comes at a significantly hefty price. The Post sent five of its journalists to test the new fleets, comparing time, experience and cost. But the experiment didn't go according to plan.