Trump stunned trading partners and global markets in early April, when he announced a raft of “reciprocal” tariffs on imports from more than 180 countries.
Chinese students are turning to social media videos of reggaeton stars such as J Balvin and Bad Bunny to learn Spanish, with some translation accounts receiving 2 million views.
The message Xi is sending on his tour is loud and clear. China is seeking to capitalize on the Trump administration’s truculence to cast itself as the world’s preferred trading partner.
Ray Dalio, the founder of the hedge fund Bridgewater Associates, warned in an interview on NBC News' "Meet the Press" about tariffs, growing debt and other economic and political concerns.
U.S. special envoy Steve Witkoff met in St. Petersburg with his Russian counterpart, while Ukraine's NATO allies pledged an additional $23 billion to Kyiv's war effort.
As the world’s two biggest economies face off over trade, a Chinese diplomat shared a video of the late leader Mao Zedong and declared that Chinese people “don’t back down.”
Beijing, which imports far fewer goods from the U.S. than it exports, is considering a range of nontariff measures amid growing trade tensions between the world’s two biggest economies.
As President Donald Trump tries to return the U.S. to its manufacturing past, China wants to make its economy more like that of the U.S. by boosting domestic consumption.