China, Trump and soybean
Digest more
Trump announced a cut on Chinese imports after meeting with Xi in South Korea, citing new understandings on fentanyl enforcement, farm trade and rare-earth exports.
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".
President Donald Trump said he is reducing some tariffs on Chinese imports following a meeting in South Korea with Chinese President Xi Jinping.
Leaders of Pacific countries and territories, including China’s Xi Jinping, are gathering in South Korea for a major summit Friday. But the leader of one global powerhouse is conspicuously absent: Donald Trump.
"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.
President Donald Trump and Xi Jinping agree on soybean purchases after China shifted purchases to Brazil, a move that hurt American farmers.
"We're going to have a vey successful meeting, I have no doubt," President Trump said while shaking hands with China's Xi Jinping. "But he's a very tough negotiator. That's not good."
China has successfully launched the Shenzhou-21 spaceship to its orbiting space station. The mission, which took off late Friday, includes three astronauts and four mice.
President Lai Ching-te rejected Beijing’s latest push to get the self-governing island to come under Chinese control under a system of autonomy it uses for Hong Kong and Macau.
President Donald Trump is eager to show that his tariffs can yield a diplomatic breakthrough with China, just as the Senate rebukes him over months of trade war turbulence. The president, who finished a weeklong swing through Asia on Thursday,
China’s promise to delay its newest restrictions on the export of the rare earths that are crucial to many high-tech products for one year as part of a trade agreement creates an opportunity for the U.