Trump, Argentina and bailout
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The volatile U.S.-China relationship hit another bump yesterday when President Donald Trump said he is considering placing a cooking oil embargo on Beijing in retaliation for it's refusal to buy U.S. soybeans. The ongoing feud has led to choppy stock market trading over recent days.
U.S. Treasury Secretary Scott Bessent on Wednesday insisted that Washington did not want to escalate a trade conflict with China, stressing that President Donald Trump is ready to meet Chinese President Xi Jinping in South Korea later this month.
1don MSN
China vows to stand firm against Trump's tariff threat. He urges Beijing to be less confrontational
President Donald Trump says China should take a less confrontational approach to his threatened new tariffs, but he's not retreating from his demands
Treasury Secretary Scott Bessent said he expects Trump and Chinese President Xi Jinping to still meet this month after Trump threatened to back out.
China vowed to retaliate if U.S. President Donald Trump makes good on his threat to impose a 100% tariff on goods from the Asian country.
President Donald Trump said Friday he would impose a 100% tariff on China “over and above any Tariff they are currently paying” effective November 1 – massively escalating his trade war amid a heated dispute over export controls on rare earths.
W HEN HE FIRES his trade weapons at China, President Donald Trump often appears to shoot from the hip. Officials in Beijing, by contrast, are said to deliberate much more, convening high-level meetings among ministries and regulators to determine their country’s next steps.
But what appeared to be his dismissive tone, failure to answer and “darling” remark prompted anger, and followed backlash over recent interactions with women — including his praise of White House press secretary Karoline Leavitt’s lips and an exchange with Italian Prime Minister Giorgia Meloni.
Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met on Wednesday morning with the hope of easing concerns about President Donald Trump’s trade war with China. Trump and Beijing have exchanged trade salvos over the past week,