Trump

Weaponizing the yuan

China's move to devalue its currency could prove to be a double-edged sword in its escalating trade war with the United States (US), offsetting tariffs but potentially hurting Beijing's efforts to shore up its weakening economy, analysts say.Although China's central bank governor Yi Gang insisted Monday that the country would "not engage in competitive devaluation", Washington wasted no time in formally labelling Beijing a currency manipulator when the yuan plunged be

9 August 2019
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Xi urges Trump to ease North Korea sanctions

Chinese President Xi Jinping urged United States (US) President Donald Trump to "show flexibility" towards North Korea, including the "timely" easing of sanctions, at the Group of Twenty (G20) summit last week, China's foreign minister said Tuesday.Xi visited North Korea prior to meeting Trump at the G20 in Japan on Saturday, and analysts had said the Chinese leader could use the trip as leverage in his trade war talks with the US leader.Trump met North Korean leader

3 July 2019
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Trump’s big trade war mistake

Just when a trade agreement between the United States (US) and China appeared to be in sight, negotiators found themselves back at square one. The immediate reason for the disruption was China’s insistence on a substantially rewritten draft agreement, which, according to US President Donald Trump’s administration, reneges on previously agreed terms.

7 June 2019
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Huawei In US-China Trade War Crossfire

The United States (US) crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is testing allies of both.One day after the US moved to block Huawei from the US market and banned the export of US technology and materials to the company, China warned Washington on Thursday against further harming trade ties.At the same time, Beijing formally arrested two Canadians who have been detained

17 May 2019
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Trump to hit China with more tariffs

The United States (US) prepared to hit China with new tariffs even as President Donald Trump said he’ll meet his Chinese counterpart, Xi Jinping, at next month’s Group of 20 (G-20) summit, an encounter that could prove pivotal in a deepening clash over trade.The US Trade Representative’s (USTR) office Monday released a list of about US$300 billion worth of Chinese goods including children’s clothing, toys, mobile phones and laptops that Trump has threatened to hit with a 25 percent tariff.If

14 May 2019
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Kim challenges Trump with new missile tests

North Korea is once again pressing the boundaries of what it can get away with, returning to missile tests this week in violation of international sanctions championed by United States (US) President Donald Trump.

10 May 2019
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Trump says China 'broke' trade deal

President Donald Trump declared China’s leaders “broke the deal” he was negotiating with them on trade, ratcheting up his rhetoric ahead of fresh negotiations that were already clouded by imminent tariff increases and China’s threats of retaliation.“They broke the deal!” Trump said at a campaign rally Wednesday night in Panama City Beach, Florida, leading him to raise tariffs. The president noted that top Chinese trade negotiator Liu He was traveling to Washington for further talks.

9 May 2019
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The trade war isn't over

The world’s two largest economies are nearing the finish line on a trade deal that could be signed by President Donald Trump and his Chinese counterpart Xi Jinping as early as this month. But that doesn’t mean the trade war ends.More work remains on a deal that will ensure that Beijing will follow through on its commitments, United States (US) Trade Representative Robert Lighthizer told Congress last week.

6 March 2019
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Trump’s North Korean road to nowhere

When United States (US) President Donald Trump meets again with North Korean leader Kim Jong-un next month, he will be staging the second act in a comedy of manners that now passes for US foreign policy on the Korean Peninsula. Between Kim’s billets-doux to the White House and Trump’s gushing praise of Kim, the script could have been written by Oscar Wilde.

29 January 2019
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US team to visit China in January for trade talks

A United States (US) government delegation will travel to Beijing in the week of 7 January to hold trade talks with Chinese officials, two people familiar with the matter said.Deputy US Trade Representative Jeffrey Gerrish will lead the Trump administration’s team, which will also include Treasury Under Secretary for International Affairs David Malpass, according to the people, who spoke on the condition of anonymity.

30 December 2018
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Good riddance to 2018!

Sadly, 2018 will not be remembered as a year of political and diplomatic success. Though the international order had already begun to erode in 2017, the global political environment became downright chaotic, combustible, and hostile this year.

22 December 2018
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