Trump, Xi might meet ahead of or during October APEC summit in South Korea, SCMP reports
The two countries have been trying to negotiate an end to an escalating tit-for-tat tariff war that has upended global trade and supply chains.
Trump has sought to impose tariffs on US importers for virtually all foreign goods, which he says will stimulate domestic manufacturing and which critics say will make many consumer goods more expensive for Americans.
He has called for a universal base tariff rate of 10% on goods imported from all countries, with higher rates for imports from the most "problematic" ones, including China: imports from there now have the highest tariff rate of 55%.
Trump has set a deadline of August 12 for the US and China to reach a durable tariffs agreement.
A spokesperson for Trump did not respond to a request for comment about the reported plans for a meeting with Xi in the fall. The two countries' most recent high-level meeting was on July 11, when US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi had what both described as a productive and positive meeting in Malaysia about how trade negotiations should proceed.
Rubio noted then that Trump had been invited to China to meet with Xi, and said that both leaders "want it to happen."
On Friday, China Commerce Minister Wang Wentao said China wants to bring its trade ties with the US back to a stable footing and that recent talks in Europe showed there was no need for a tariff war.
Hashtags

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

TimesLIVE
an hour ago
- TimesLIVE
China's Zijin in lead to buy Barrick's Ivory Coast Tongon gold mine: sources
Its interest in Tongon comes after Chinese state-owned enterprises have invested more than $50bn (R880.91bn) in African mining projects since 2010, with a strong focus on bauxite, copper, cobalt, and gold. One of the sources, a mining industry executive, said Zijin is leading the bidding for Tongon due to its deep financial resources, adding that the asset is valued at around $300m (R5.29bn) and that Zijin is expected to offer significantly more to secure it, potentially up to $500m (R8.81bn). A second mining executive confirmed Zijin's lead but said a local Ivorian company, which he declined to name, was also in contention. The executive added that Zijin did not appear to favour forming a partnership to acquire the Tongon mine, despite that being the Ivorian government's preferred option. Zijin did not respond to a request for comment. Officials at the Ivory Coast ministry of mines said they did not have up-to-date information on the proposed sale, declining to comment further on the government's requirements for the deal. A final decision on the winning bidder is expected later this month, pending regulatory approval, the first executive said. The deal could also fall through or be delayed. Barrick has been reshaping its portfolio, completing a $1bn (R17.62bn) sale of its 50% stake in the Donlin Gold Project in Alaska and agreeing to divest its historic Hemlo mine in Canada, marking its exit from domestic gold production. In Mali, a military helicopter airlifted gold from the Loulo-Gounkoto site earlier this month, just days after a court-appointed administrator announced plans to sell bullion from the facility to fund operations. Zijin took a 9.9% stake in Canada-based Montage Gold , which is developing the Koney Gold project in Ivory Coast last July before paying $1bn for Newmont's Akyem gold mine in October. Barrick holds an 89.7% stake in Tongon, with the Ivorian state owning 10% and local investors holding the remaining 0.3%.

IOL News
an hour ago
- IOL News
President Cyril Ramaphosa missing in action amid US tariffs
South Africa's silence on how it plans to respond to President Donald Trump's looming tariffs next months is leaving the door wide open for justified criticism that it is less bothered about the impact, says the writer. Image: Jairus Mmutle / GCIS IT WOULD take something special for the South African government to get itself out of the US's 30% tariffs on exported products judging by how the Government of National Unity (GNU) has approached this issue. Make no mistake, Trump means business and it will take some convincing for his administration to move away from the percentage he has imposed on our produce to the US. Certainly that will not happen when our government continues to evade questions about the appointment of an ambassador to the US. The Ramaphosa administration is leaving the door wide open for justified criticism that it is less bothered about the impact the tariffs will have on automotive and agricultural sectors - key industries in the country's economy. Other than a July 7 statement contesting the interpretation of the balance of trade between South Africa and the US, South Africans have been kept in the dark about how far the 'negotiating teams' have gone insofar as securing a deal is concerned. This is not to suggest that the Americans should dictate the speed at which we address our own internal issues, far from it. However the lack of direction and certainty presents a worrying picture. A picture depicting that the government's house is not in order and no one appears concerned. For example, the role of Mcebisi Jonas, the president's special envoy to the US, continues to be shrouded in controversy. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad loading If we were to take the DA's word for it, Jonas is not a welcome guest to the US over his past remarks labelling Trump a racist. Ramaphosa's continued refusal to come clean on Jonas' status is not helping the situation. South Africa has been without an ambassador to the US since Ebrahim Rasool was chased away in March for criticising Trump. Who are we entrusting with this very important responsibility? Could this nonchalant approach be a sign that the South African government has already accepted that it will not be able to strike a deal with the US? If so, then what is the alternative? These are crucial questions that will not disappear by avoiding to answer. Hard to believe that today we are having to dig for answers from a president who promised a government characterised by transparency.


The Citizen
2 hours ago
- The Citizen
Interpol arrests wanted Chinese national in South Africa
The Chinese national was wanted in connection with a fraud case. The Interpol National Central Bureau (NCB) in Pretoria handcuffed the man on Tuesday. Picture: Saps A 57-year-old Chinese national, reportedly linked to a case of fraud reported in China, has been arrested in South Africa. The Interpol National Central Bureau (NCB) in Pretoria handcuffed the man on Tuesday. Bail Police spokesperson Lieutenant Colonel Amanda van Wyk said the man made his first appearance in the Randburg Magistrate's Court on Wednesday, 23 July 2025. 'His case has been postponed to Friday for a formal a formal bail application.' According to a preliminary report, Interpol circulated a Red Notice to all member countries to locate and provisionally arrest the Chinese national. ALSO READ: Police make breakthrough in Ekurhuleni auditor Mpho Mafole's murder Arrest Van Wyk said wanted persons often flee to another country to evade arrest. 'The suspect reportedly applied for a visa at the United States of America embassy in Sandton when his fugitive status was flagged, leading to his arrest on Tuesday, 22 July 2025. 'The South African Police Service (Saps) continues to record commendable successes in dismantling transnational crime syndicates and arresting international fugitives in the country,' Van Wyk said. Guptas' extradition Meanwhile, in a matter that has been dragging on for years, the Investigating Directorate Against Corruption (IDAC) is hoping that the Gupta brothers will soon be in South Africa to face a raft of charges. IDAC is expected to submit a new extradition application for the Gupta brothers to be hauled back to South Africa from the United Arab Emirates (UAE) in a 'strategic initiative'. State capture South Africa's extradition request to the UAE was rebuffed in April 2023 for flimsy procedural reasons, and without sufficient explanation, after Atul and Rajesh Gupta were quietly let off the hook months before. Rajesh and Atul, friends of former president Jacob Zuma, are accused of using their relationship with the former president to profit financially and influence senior government appointments. They were arrested in the UAE in June 2022 after Interpol placed them on its most wanted list. ALSO READ: Pagad member Faizel Felix rearrested after 8 years on the run