U.S. President Donald Trump has reignited global trade tensions, warning China of potential 155% tariffs unless President Xi signs a “fair deal” with Washington. Here’s what Trump said, how Beijing may respond, and why it could reshape global markets.
The United States and China have launched tit-for-tat port fees on each other’s vessels, escalating maritime trade tensions. Shipping companies face steep costs and logistical disruption as global trade lanes feel the strain.
Donald Trump is quietly preparing to visit South Korea for the APEC Summit in Gyeongju, where a potential meeting with Chinese President Xi Jinping is being discussed. The visit comes amid tensions over trade, tariffs, and Trump’s criticism of Xi’s meetings with world leaders including Narendra Modi, Vladimir Putin, and Kim Jong-un.
Donald Trump warned that the US holds “incredible cards” that could “destroy China,” hinting at 200% tariffs on rare earth magnets. Despite trade tensions, he promised a “great relationship” with Beijing while India faces 50% tariff hikes over Russian oil imports.
The US and China have agreed to extend their trade truce for 90 days, delaying steep tariff hikes and buying time for negotiations on key disputes including technology, energy, and rare earth minerals.
As the August 12 tariff deadline looms, high-level US-China trade talks kick off in Stockholm. Topics include fentanyl-linked tariffs, rare earths, and a potential Trump-Xi summit. A truce extension appears likely.
In a pivotal development US-China Trade Talks Yield Fragile Framework Agreement: Markets Watch Cautiously. The United States and China have reached a preliminary trade framework following two days of intense negotiations in London. While officials from both nations praised the outcome as a step forward, skepticism remains high regarding the framework’s durability and effectiveness. Final approval from Presidents Donald Trump and Xi Jinping remains pending, making this agreement more of a symbolic gesture than a policy breakthrough for now.
The global economy waits with bated breath as US-China Trade Talks Resume in London: High Stakes, Fragile Optimism. The global spotlight is back on US-China relations as both countries prepare for a pivotal round of trade negotiations in London on June 9, 2025. The announcement by President Donald Trump has stirred cautious optimism in global markets, coming just one day after a rare and lengthy phone call with Chinese President Xi Jinping.
Amid trade tensions, Trump’s Tariff Hikes and Social Media Blasts Disrupt Global Trade Talks. In a week marked by economic turbulence and diplomatic unease, U.S. President Donald Trump has once again upended global trade talks this time by combining sharp tariff hikes with a stream of provocative late-night social media posts. The Trump administration’s decision to double tariffs on imported steel and aluminum, along with escalating rhetoric aimed at Chinese President Xi Jinping, is sending shockwaves through ongoing negotiations with both China and the European Union.
Raising concerns about Renewed US-China Trade War: Trump Accuses China of Breaking Tariff Truce. The long-standing trade war between the United States and China has taken a sharp turn, as former President Donald Trump accuses China of violating the recent tariff agreement. This renewed dispute threatens to unravel the tentative truce brokered earlier this month, raising concerns about escalating trade tensions between the world’s two largest economies.