China, Trump and Beijing
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China, US and Soybeans
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President Donald Trump said he is reducing some tariffs on Chinese imports following a meeting in South Korea with Chinese President Xi Jinping.
Trump's long-awaited meeting with the Chinese president. A 50-year pattern of sex abuse, silence and cover-up in the world's largest Pentecostal denomination. And, Hurricane Melissa's death toll rises as it causes more destruction in the Caribbean.
"We have not too many major stumbling blocks," Trump said of a formal trade agreement after meeting with Chinese President Xi Jinping in South Korea.
Washington and Beijing haven’t addressed their underlying conflicts, and commerce is going to be rocky for years to come.
President Trump and Chinese President Xi Jinping’s trade truce avoids an open rupture in US China trade relations but analysts say it’s more of a de-escalation than progress.
"China, which takes more than 60% of world soybean imports, has nearly completed booking cargoes from Brazil and Argentina through November, with limited purchases expected for December and January ahead of the Brazilian harvest.
China has approved the transfer agreement for the short video app TikTok, U.S. Treasury Secretary Scott Bessent said on Thursday, adding that he expects it to move forward in coming weeks and months but giving no other details.
The US president says: "On the scale from zero to 10, with 10 being the best, I would say the meeting was a 12." Beijing says the results were "hard won".
5hon MSN
US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relations
Asian shares have retreated after President Donald Trump's meeting with Chinese leader Xi Jinping. Trump said the meeting was “amazing” and had resolved many issues.