Starbucks sells control of its stores in China
Digest more
The White House says China will buy 12 MMT of U.S. soybeans in late 2025 and 25 MMT annually through 2028, plus resume U.S. sorghum and hardwood log imports, clearing confusion over comments from Secretary Bessent.
After months of negotiations with the Chinese, President Trump has announced a Deal on Economic and Trade Relations with China which includes: Agreements on the flow of the precursors used to make fentanyl;
But she also voiced a concern shared by more and more of China’s people. “Everyone feels it. Summers are hotter, winters are dryer. We respect nature. But how can an individual deal with the problems of the whole atmosphere?
The U.S. and China have reached a trade deal to ease concerns over rare earths, with the U.S. reducing its reliance on China for the critical minerals. But challenges remain.
Trump said Nvidia’s most advanced AI chips will not be sold to China, a few days after he signaled he would be willing to discuss export controls on them with Xi Jinping.
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
President Donald Trump began his second term by signaling that talks with China to stop a deadly flow of fentanyl were fruitless and instead slapped 20% tariffs on Chinese goods to try to push Beijing to tackle trafficking of the synthetic opioid.
China has called for the US to avoid crossing four sensitive “red lines” in order to keep the two countries’ relations on track following a high-stakes meeting between leaders Xi Jinping and Donald Trump last week.
Taiwan's foreign minister said on Wednesday that China has "added a lot of conditions" to its attendance at next year's APEC summit in the Chinese city of Shenzhen and gone back on a commitment to allow "equal" participation.
South Carolina farmers who harvest soybeans say the future is unclear after the closure of the sole crush plant in the Town of Kershaw and the U.S. trade war with China, a major soybean buyer.
After launching last month exclusively in China for around $126, DJI’s new Osmo Mobile 8 smartphone stabilizer is getting a wider global rollout, including Europe, where it’s priced at €159, or around $183.