India Presses China to Demarcate Disputed Himalayan Border
India's defense minister Rajnath Singh pressed his Chinese counterpart to move forward on demarcating the disputed Himalayan frontier, in a bid to ease border tensions and strengthen ties between the world's two most populous nations.
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an hour ago
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American bombs in Iran also reverberate in China and North Korea
DUBAI, United Arab Emirates (AP) — President Donald Trump campaigned on keeping the United States out of foreign wars, but it didn't take long to convince him to come to the direct aid of Israel, hitting Iranian nuclear targets with bunker-buster bombs dropped by B-2 stealth bombers and Tomahawk cruise missiles fired from a submarine. Beyond the attack's immediate impact on helping bring the 12-day war to a close, experts say Donald Trump's decision to use force against another country also will certainly be reverberating in the Asia-Pacific, Washington's priority theater. 'Trump's strikes on Iran show that he's not afraid to use military force — this would send a clear message to North Korea, and even to China and Russia, about Trump's style,' said Duyeon Kim, a senior analyst at the Center for a New American Security based in Seoul, South Korea. 'Before the strikes, Pyongyang and Beijing might have assumed that Trump is risk averse, particularly based on his behavior his first presidency despite some tough talk," Kim said. China, North Korea and Russia all condemn US strike Ten days into the war between Israel and Iran, Trump made the risky decision to step in, hitting three nuclear sites with American firepower on June 22 in a bid to destroy the country's nuclear program at a time while negotiations between Washington and Tehran were still ongoing. The attacks prompted a pro forma Iranian retaliatory strike the following day on a U.S. base in nearby Qatar, which caused no casualties, and both Iran and Israel then agreed to a ceasefire on June 24. North Korea, China and Russia all were quick to condemn the American attack, with Russian President Vladimir Putin calling it 'unprovoked aggression,' China's Foreign Ministry saying it violated international law and 'exacerbated tensions in the Middle East,' and North Korea's Foreign Ministry maintaining it 'trampled down the territorial integrity and security interests of a sovereign state.' While the strikes were a clear tactical success, the jury is still out on whether they will have a more broad strategic benefit to Washington's goals in the Middle East or convince Iran it needs to work harder than ever to develop a nuclear deterrent, possibly pulling the U.S. back into a longer-term conflict. US allies could see attack as positive sign for deterrence If the attack remains a one-off strike, U.S. allies in the Asia-Pacific region likely will see the decision to become involved as a positive sign from Trump's administration, said Euan Graham, a senior defense analyst with the Australian Strategic Policy Institute. 'The U.S. strike on Iran will be regarded as net plus by Pacific allies if it is seen to reinforce red lines, restore deterrence and is of limited duration, so as not to pull the administration off-course from its stated priorities in the Indo-Pacific,' he said. 'China will take note that Trump is prepared to use force, at least opportunistically.' In China, many who have seen Trump as having a 'no-war mentality' will reassess that in the wake of the attacks, which were partially aimed at forcing Iran's hand in nuclear program negotiations, said Zhao Minghao, an international relations professor at China's Fudan University in Shanghai. 'The way the U.S. used power with its air attacks against Iran is something China needs to pay attention to,' he said. 'How Trump used power to force negotiations has a significance for how China and the U.S. will interact in the future.' But, he said, Washington should not think it can employ the same strategy with Beijing. 'If a conflict breaks out between China and the U.S., it may be difficult for the U.S. to withdraw as soon as possible, let alone withdraw unscathed,' he said. China and North Korea present different challenges Indeed, China and North Korea present very different challenges than Iran. First and foremost, both already have nuclear weapons, raising the stakes of possible retaliation considerably in the event of any attack. There also is no Asian equivalent of Israel, whose relentless attacks on Iranian missile defenses in the opening days of the war paved the way for the B-2 bombers to fly in and out without a shot being fired at them. Still, the possibility of the U.S. becoming involved in a conflict involving either China or North Korea is a very real one, and Beijing and Pyongyang will almost certainly try to assess what the notoriously unpredictable Trump would do. North Korea will likely be 'quite alarmed' at what Israel, with a relatively small but high-quality force, has been able to achieve over Iran, said Joseph Dempsey, a defense expert with the International Institute for Strategic Studies. At the same time, it likely will be seen internally as justification for its own nuclear weapons program, 'If Iran did have deployable nuclear weapons would this have occurred?' Dempsey said. 'Probably not.' The U.S. decision to attack while still in talks with Iran will also not go unnoticed, said Hong Min, a senior analyst at South Korea's Institute for National Unification. 'North Korea may conclude that dialogue, if done carelessly, could backfire by giving the United States a pretext for possible aggression,' he said. 'Instead of provoking the Trump administration, North Korea is more likely to take an even more passive stance toward negotiations with Washington, instead focusing on strengthening its internal military buildup and pursuing closer ties with Russia, narrowing the prospects for future talks," he said. China and Taiwan will draw lessons China will look at the attacks through the visor of Taiwan, the self-governing democratic island off its coast that China claims as its own territory and President Xi Jinping has not ruled out taking by force. The U.S. supplies Taiwan with weapons and is one of its most important allies, though Washington's official policy on whether it would come to Taiwan's aid in the case of a conflict with China is known as 'strategic ambiguity," meaning not committing to how it would respond. Militarily, the strike on Iran raises the question of whether the U.S. might show less restraint than has been expected by China in its response and hit targets on the Chinese mainland in the event of an invasion of Taiwan, said Drew Thompson, senior fellow with the Singapore-based think tank RSIS Rajaratnam School of International Studies. It will also certainly underscore for Beijing the 'difficulty of predicting Trump's actions,' he said. "The U.S. airstrike on Iran's nuclear facilities caught many by surprise," Thompson said. "I think it demonstrated a tolerance and acceptance of risk in the Trump administration that is perhaps surprising.' It also gives rise to a concern that Taiwan's President Lai Ching-te, who in recent speeches has increased warnings about the threat from China, may be further emboldened in his rhetoric, said Lyle Goldstein, director of the Asia Program at the Washington-based foreign policy think tank Defense Priorities. Already, Lai's words have prompted China to accuse him of pursuing Taiwanese independence, which is a red line for Beijing. Goldstein said he worried Taiwan may try to take advantage of the American 'use of force against Iran to increase its deterrent situation versus the mainland.' 'President Lai's series of recent speeches appear almost designed to set up a new cross-strait crisis, perhaps in the hopes of building more support in Washington and elsewhere around the Pacific,' said Goldstein, who also is director of the China Initiative at Brown University's Watson Institute. 'I think that is an exceedingly risky gambit, to put it mildly," he said. ___ Tong-hyung Kim in Seoul, South Korea, and Didi Tang and Albee Zhang in Washington contributed to this report.
Yahoo
an hour ago
- Yahoo
Trump tariffs live updates: Trump to start sending out tariff letters as July 9 deadline looms
Time has run out for some US trade partners looking to make deals ahead of President Trump's July 9 deadline for tariffs to snap back to higher levels. Letters will start going out to countries on Friday to notify them of the tariff rates they will face on imports to the US, Trump told reporters, to go into effect on Aug. 1. The first 10 or 12 letters sent out will be followed by similar batches. 'By the ninth they'll be fully covered,' Trump said, per Bloomberg. 'They'll range in value from maybe 60% or 70% tariffs to 10% and 20% tariffs.' The Trump team has so far been focused on hammering out trade deals, though it has succeeded in nailing only three pacts so far.. Treasury Secretary Scott Bessent has said around 100 partners would likely see a minimum "reciprocal" rate of 10% come next week, adding that he expects a "flurry" of deals to materialize before the deadline. Here is where things stand with various partners: China: The US has eased export restrictions on China for chip design software and ethane, a sign that trade tensions are calming between the two countries after they agreed in May to a framework to move toward a larger trade deal. Software firms like Synopsys (SNPS) and Cadence (CDNS) said they will now sell their chip design tools to Chinese customers again. The US also removed limits on ethane exports to China that it had set just weeks ago. Vietnam: Trump on Wednesday said he had reached a trade deal with Vietnam, one that will see the country's imports face a 20% tariff — lower than the 46% he had threatened in April. He also said Vietnamese goods would face a higher 40% tariff "on any transshipping" — when goods shipped from Vietnam originate from another country, like China. Many US goods will see no duty upon import to Vietnam. Japan: Trump earlier this week said negotiations with Japan had soured, saying he would force Japan to accept higher tariffs of "30%, 35%, or whatever the number is that we determine." Notably, that proposal is higher than the 24% "Liberation Day" level. "They're very tough. You have to understand, they're very spoiled," he said. European Union: The EU has signaled it is willing to accept a 10% universal tariff on many of its exports but is seeking exemptions for pharmaceuticals, alcohol, semiconductors, and commercial aircraft as part of a trade deal. Bessent said US-EU talks would continue through the weekend. Trump has threatened 50% tariffs on the bloc's imports. Canada: Canada has scrapped its digital services tax that was set to affect large US technology companies. The White House said trade talks between the two countries had resumed after Trump threatened to cut off trade talks. They are aiming for a deal by mid-July. Read more: What Trump's tariffs mean for the economy and your wallet Here are the latest updates as the policy reverberates around the world. President Trump said his administration will begin sending letters to trading partners on Friday laying out what tariff rates they will face on imports to the US. Countries will have to start paying the duties from Aug. 1, Trump told reporters on Thursday. The move marks a shift from earlier US optimism that talks would deliver scores of deals with its more than 170 trading partners, under pressure to beat a July 9 tariff deadline. The "take it or leave it" letters go out with just days to go to that deadline for resumption of sweeping tariffs laid out in April by Trump. Bloomberg reports: Read more here. Bloomberg News reports: Read more here. The US trade deal with Vietnam should be seen as a early sign to Asian countries that higher tariffs are not going anywhere. Bloomberg News reports: Read more here. Vietnam negotiators said on Thursday that they are still working with the US to finalize the details of the trade deal, which was announced by President Trump on Wednesday. No further details have been provided to businesses and investors beyond the tariff rates disclosed so far. Bloomberg News reports: Read more here. Treasury Secretary Bessent has been making the rounds today, talking about the Trump tax bill and tariffs as next week's July 9 deadline looms. Per Reuters, Bessent said around 100 countries are likely to see a "reciprocal" tariff of 10%: Bessent also said Trump would ultimately decide whether to extend that July 9 deadline for countries negotiating "in good faith." Bloomberg News reports Read more here. German car exports to the US fell in April and May as import tariffs imposed by the Trump administration hit German automakers' sales, according to data from the VDA industry association. Reuters reports: Read more here. Luxury watch specialist, Watches of Switzerland warned on Thursday that its profit margin could fall this year as the luxury watch sector adjusts to higher US tariffs. Reuters reports: Read more here. The South Korean President Lee Jae Myung said on Thursday that it still remains unclear if trade talks between Seoul and Washington can result in a deal before next week's deadline to avert sweeping tariffs from President Donald Trump. Bloomberg News reports: Read more here. President Trump has his eye on any loopholes that China may use to swerve tariffs. Trump's two-tired trade deal with Vietnam takes aim at practices China has used to avoid US tariffs, such as the widespread shifting of production to Southeast Asian factories and the illegal "origin washing" of exports through their ports. Beijing has responded and said it was 'conducting an assessment' of the US-Vietnam trade deal, adding: 'We firmly oppose any party striking a deal at the expense of China's interests.' 'If such a situation arises, China will take resolute countermeasures to safeguard its legitimate rights and interests,' the ministry added. Bloomberg News reports: Read more here. The US and India are on the verge of sealing the deal when it comes to reducing tariffs. But there appears to be one sticking point ahead of President Trump's July 9 deadline and it centers around dairy and agriculture. Here's an explainer on why farm goods may hold up a trade deal between the two nations. Reuters reports: Read more here. China is growing more worried as President Trump strikes deals with other countries. On Thursday Beijing hit out at the US-Vietnam trade deal, amid concerns that the US is using "Liberation Day" tariff negotiations with countries to curb China's export machine. The deal with Vietnam, which was announced by the US President on Wednesday, lowers tariffs on Hanoi's exports from 46% to 20%, but it retains a 409% levy on t"trans-shipping" of goods, which China believes is aimed at its re-exports to the US. .The FT reports: Read more here. Indonesia plans to sign a $34 billion deal with US businesses next week to increase purchases and help secure a trade agreement before the July 9 deadline, its top economic minister said Thursday. Reuters reports: Read more here. The trade truce between the US and China may be holding for now, but China is becoming wary that it may thaw. Beijing's concerns stem from what may be happening elsewhere and the US's efforts to forge deals that could isolate Chinese firms from global supply chains. The US has removed export restrictions on chip design software and ethene shipments. China has responded by making concessions over its rare earth export controls. But despite this, China is still on edge. Bloomberg News reports: Read more here. Trade negotiations between the US and India have been moving forward. But unresolved issues over US dairy and agriculture have caused some disagreements between the two sides, according to sources familiar with the talks. Reuters reports: Read more here. The US has removed export restrictions on chip design software and ethane shipments to China, easing trade tensions between the two countries. China recently made concessions over its rare earth export controls. Software companies Synopsys (SNPS), Cadence (CDNS), and Siemens (SIEGY) said they will now restore access for their Chinese customers. These firms develop important electronic design automation tools used in chipmaking. The US also lifted licensing rules for ethane producers. Earlier restrictions were part of Trump's response to China blocking rare earth exports, which had disrupted supply chains for cars, aerospace, and defense industries. Reuters reports: Read more here. President Trump had targeted Vietnam with some of the highest tariffs of any country on his April "Liberation Day." That's at least partly because he and top advisers have made Vietnam an example of a country that is allegedly "ripping off" the US. Vietnam has become the US's 10th-largest trade partner, according to US Census data. And it is the seventh-largest source of imports, sending goods worth over $130 billion. It contains factories for some of the biggest US-based apparel makers, including Nike (NKE) and Lululemon (LULU). Vietnam became a destination for companies looking to diversify manufacturing as US-China tensions escalated over the past decade. Vietnam's trade surplus with the US ballooned to over $123 billion last year. This year's US trade deficit with Vietnam stood over $50 billion through just April as companies raced to move more operations out of China. President Trump followed up his previous announcement of a trade deal with Vietnam with some additional details on social media. "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam after speaking with To Lam, the Highly Respected General Secretary of the Communist Party of Vietnam," Trump posted on Truth Social. Trump wrote that the two sides agreed to a 20% tariff rate on all goods sent from Vietnam to the US and a 40% tariff rate on transshipment — essentially, when goods from China or other countries are routed through Vietnam. Tariffs on goods from the country were previously set to return to 46% on July 9. Vietnam also lowered tariffs on US goods to zero, Trump said, and is lowering trade barriers. The president suggested US automakers could introduce more SUVs to the Southeast Asian country. "In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade," Trump wrote. "In other words, they will 'OPEN THEIR MARKET TO THE UNITED STATES,' meaning that, we will be able to sell our product into Vietnam at ZERO Tariff." The US and Vietnam are said to be very close to a establishing a trade framework that will see goods given a scaled range of tariffs depending on the percentage of foreign content, according to people familiar with the talks. Reuters reports: Read more here. Tariffs have hit electric vehicle maker, Rivian (RIVN) who reported a sharp fall in second-quarter deliveries on Wednesday as demand for its EVs took a hit from competition and tariff-driven economic uncertainty. Reuters reports: Read more here. President Trump said his administration will begin sending letters to trading partners on Friday laying out what tariff rates they will face on imports to the US. Countries will have to start paying the duties from Aug. 1, Trump told reporters on Thursday. The move marks a shift from earlier US optimism that talks would deliver scores of deals with its more than 170 trading partners, under pressure to beat a July 9 tariff deadline. The "take it or leave it" letters go out with just days to go to that deadline for resumption of sweeping tariffs laid out in April by Trump. Bloomberg reports: Read more here. Bloomberg News reports: Read more here. The US trade deal with Vietnam should be seen as a early sign to Asian countries that higher tariffs are not going anywhere. Bloomberg News reports: Read more here. Vietnam negotiators said on Thursday that they are still working with the US to finalize the details of the trade deal, which was announced by President Trump on Wednesday. No further details have been provided to businesses and investors beyond the tariff rates disclosed so far. Bloomberg News reports: Read more here. Treasury Secretary Bessent has been making the rounds today, talking about the Trump tax bill and tariffs as next week's July 9 deadline looms. Per Reuters, Bessent said around 100 countries are likely to see a "reciprocal" tariff of 10%: Bessent also said Trump would ultimately decide whether to extend that July 9 deadline for countries negotiating "in good faith." Bloomberg News reports Read more here. German car exports to the US fell in April and May as import tariffs imposed by the Trump administration hit German automakers' sales, according to data from the VDA industry association. Reuters reports: Read more here. Luxury watch specialist, Watches of Switzerland warned on Thursday that its profit margin could fall this year as the luxury watch sector adjusts to higher US tariffs. Reuters reports: Read more here. The South Korean President Lee Jae Myung said on Thursday that it still remains unclear if trade talks between Seoul and Washington can result in a deal before next week's deadline to avert sweeping tariffs from President Donald Trump. Bloomberg News reports: Read more here. President Trump has his eye on any loopholes that China may use to swerve tariffs. Trump's two-tired trade deal with Vietnam takes aim at practices China has used to avoid US tariffs, such as the widespread shifting of production to Southeast Asian factories and the illegal "origin washing" of exports through their ports. Beijing has responded and said it was 'conducting an assessment' of the US-Vietnam trade deal, adding: 'We firmly oppose any party striking a deal at the expense of China's interests.' 'If such a situation arises, China will take resolute countermeasures to safeguard its legitimate rights and interests,' the ministry added. Bloomberg News reports: Read more here. The US and India are on the verge of sealing the deal when it comes to reducing tariffs. But there appears to be one sticking point ahead of President Trump's July 9 deadline and it centers around dairy and agriculture. Here's an explainer on why farm goods may hold up a trade deal between the two nations. Reuters reports: Read more here. China is growing more worried as President Trump strikes deals with other countries. On Thursday Beijing hit out at the US-Vietnam trade deal, amid concerns that the US is using "Liberation Day" tariff negotiations with countries to curb China's export machine. The deal with Vietnam, which was announced by the US President on Wednesday, lowers tariffs on Hanoi's exports from 46% to 20%, but it retains a 409% levy on t"trans-shipping" of goods, which China believes is aimed at its re-exports to the US. .The FT reports: Read more here. Indonesia plans to sign a $34 billion deal with US businesses next week to increase purchases and help secure a trade agreement before the July 9 deadline, its top economic minister said Thursday. Reuters reports: Read more here. The trade truce between the US and China may be holding for now, but China is becoming wary that it may thaw. Beijing's concerns stem from what may be happening elsewhere and the US's efforts to forge deals that could isolate Chinese firms from global supply chains. The US has removed export restrictions on chip design software and ethene shipments. China has responded by making concessions over its rare earth export controls. But despite this, China is still on edge. Bloomberg News reports: Read more here. Trade negotiations between the US and India have been moving forward. But unresolved issues over US dairy and agriculture have caused some disagreements between the two sides, according to sources familiar with the talks. Reuters reports: Read more here. The US has removed export restrictions on chip design software and ethane shipments to China, easing trade tensions between the two countries. China recently made concessions over its rare earth export controls. Software companies Synopsys (SNPS), Cadence (CDNS), and Siemens (SIEGY) said they will now restore access for their Chinese customers. These firms develop important electronic design automation tools used in chipmaking. The US also lifted licensing rules for ethane producers. Earlier restrictions were part of Trump's response to China blocking rare earth exports, which had disrupted supply chains for cars, aerospace, and defense industries. Reuters reports: Read more here. President Trump had targeted Vietnam with some of the highest tariffs of any country on his April "Liberation Day." That's at least partly because he and top advisers have made Vietnam an example of a country that is allegedly "ripping off" the US. Vietnam has become the US's 10th-largest trade partner, according to US Census data. And it is the seventh-largest source of imports, sending goods worth over $130 billion. It contains factories for some of the biggest US-based apparel makers, including Nike (NKE) and Lululemon (LULU). Vietnam became a destination for companies looking to diversify manufacturing as US-China tensions escalated over the past decade. Vietnam's trade surplus with the US ballooned to over $123 billion last year. This year's US trade deficit with Vietnam stood over $50 billion through just April as companies raced to move more operations out of China. President Trump followed up his previous announcement of a trade deal with Vietnam with some additional details on social media. "It is my Great Honor to announce that I have just made a Trade Deal with the Socialist Republic of Vietnam after speaking with To Lam, the Highly Respected General Secretary of the Communist Party of Vietnam," Trump posted on Truth Social. Trump wrote that the two sides agreed to a 20% tariff rate on all goods sent from Vietnam to the US and a 40% tariff rate on transshipment — essentially, when goods from China or other countries are routed through Vietnam. Tariffs on goods from the country were previously set to return to 46% on July 9. Vietnam also lowered tariffs on US goods to zero, Trump said, and is lowering trade barriers. The president suggested US automakers could introduce more SUVs to the Southeast Asian country. "In return, Vietnam will do something that they have never done before, give the United States of America TOTAL ACCESS to their Markets for Trade," Trump wrote. "In other words, they will 'OPEN THEIR MARKET TO THE UNITED STATES,' meaning that, we will be able to sell our product into Vietnam at ZERO Tariff." The US and Vietnam are said to be very close to a establishing a trade framework that will see goods given a scaled range of tariffs depending on the percentage of foreign content, according to people familiar with the talks. Reuters reports: Read more here. Tariffs have hit electric vehicle maker, Rivian (RIVN) who reported a sharp fall in second-quarter deliveries on Wednesday as demand for its EVs took a hit from competition and tariff-driven economic uncertainty. Reuters reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
China Adviser Says Time ‘Running Out' to Set Up Xi-Trump Meeting
(Bloomberg) -- The US and China need to pick up the pace of preparations if a leaders' summit is to take place in the fall, according to an adviser to the Foreign Ministry in Beijing, drawing attention to the tight timeline facing the two countries in pursuing better ties. Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals NYC Commutes Resume After Midtown Bus Terminal Crash Chaos Massachusetts to Follow NYC in Making Landlords Pay Broker Fees Struggling Downtowns Are Looking to Lure New Crowds What Gothenburg Got Out of Congestion Pricing 'If we are going to make this happen, we need to make preparations as soon as possible, and time is running out,' Wu Xinbo, director at Fudan University's Center for American Studies in Shanghai, said on Friday. Wu's message of urgency follows growing confidence that ties between the world's two biggest economies are on the mend after months of hostility and tit-for-tat tariffs. President Donald Trump and his Chinese counterpart Xi Jinping last spoke in early June. 'In the last one week, I have seen tangible progress by both sides, Beijing and Washington, in delivering what they promised to deliver,' Wu said, referring to a trade truce recently struck by the two countries. 'So that is quite a positive sign that finally we get the ball rolling,' added Wu, who last year led a group of experts in the ministry to meet politicians and business executives in the US. Beijing and Washington reached a trade framework last month following talks in London, which remains in effect through mid-August. China agreed to resume shipments of rare earths — key inputs for wind turbines, electric vehicles and military hardware. The US offered to ease some export restrictions on ethane, chip-design software and jet engine components. Signs emerged in recent weeks that both sides are beginning to deliver on their promises. Chinese rare earth magnets are flowing, although not quite to the levels seen before Beijing implemented export curbs in early April, Treasury Secretary Scott Bessent said this week. Washington has lifted recent export license requirements for chip design software sales in China, and approved American ethane exports to the Asian nation without additional approvals. Trump's administration is meanwhile reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter. When asked for comment, White House Press Secretary Karoline Leavitt said that a visit to China hasn't been scheduled at this point. Wu's comments, made on a panel during the World Peace Forum in Beijing, came a day after a senior Chinese official, Liu Jianchao, expressed optimism over the future of China's ties with the US. While calling a war between the two countries 'unimaginable,' Liu highlighted Taiwan and the South China Sea as possible flashpoints. Given Trump's expressed desire to meet with Xi in China this year, the two sides need to move more quickly to make that happen, according to Wu. Wu said a trip to South Korea for the Asia-Pacific Economic Cooperation summit in October could also provide an opportunity for the Republican to visit China. A next step will involve broadening discussion channels between Beijing and Washington beyond trade-focused officials to include other parts of government, including the diplomatic corps and law enforcement agencies. 'You cannot just let the two economic teams arrange for the state visit — for the summit,' Wu said. Now is the time for Wang Yi to meet with his counterpart,' he added, referring to China's foreign minister. The Shanghai-based expert on US-China relations said Trump should do two things during his visit to Beijing: clearly state that China is America's most important commercial partner; and re-affirm that the US doesn't support Taiwan's independence and favors 'China's peaceful reunification.' 'Trump, he's a smarty guy,' said Wu. 'He knows how to make a big deal for the sake of US national interests. He will say the right thing when he's in Beijing.' SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too America's Top Consumer-Sentiment Economist Is Worried How to Steal a House China's Homegrown Jewelry Superstar For Brazil's Criminals, Coffee Beans Are the Target ©2025 Bloomberg L.P. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
