#us-china-relations

#us-china-relations

The negotiations offer an occasion to stop to consider how China went from technological backwater to superpower in less than half a lifetime, and an opportunity for the United States to learn from that success. U.S. companies can work to regain hardware-manufacturing expertise, absorb knowledge and talent from some of China's best companies, and shift their approach toward AI, encouraging more practical applications and open-source innovation. The United States must accept that we can be better while not relinquishing our strengths.

Nvidia became the world's first $5 trillion company on Wednesday, surging on a wave of AI-driven demand and renewed optimism over access to China just hours after CEO Jensen Huang met with President Donald Trump, who vowed to push the chips in an upcoming meeting with Chinese President Xi Jinping. The Silicon Valley chipmaker's shares jumped another 5 percent in early trading Wednesday, lifting its market capitalization to $5.13 trillion, more than the combined main stock indices of Germany, France and Italy.

Trump assured that China has agreed to delay its restrictions on rare earth exports, one of the main points of conflict, for a period of one year, and announced an immediate reduction from 20% to 10% on the tariffs imposed in February on Chinese products due to Washington's claim Beijing is not doing enough to stop exports of fentanyl precursors.

This is a breaking news story. United States President Donald Trump has said he will visit China early next year after receiving an invitation from Beijing. I've been invited to go to China, and I'll be doing that sometime fairly early next year. We have it sort of set, Trump told reporters at the White House on Monday. The US President also said he expected to seal a fair trade deal in South Korea with President Xi Jinping later this month

The dollar index traded within a narrow range on Monday as easing US-China tensions provided support to the greenback. Market sentiment improved slightly after President Donald Trump signalled that broad tariffs on China would be unsustainable and negotiators from both sides confirmed plans for renewed talks in the coming days. Any progress this week could reinforce risk appetite and support the dollar, while setbacks could quickly reverse the tone.

Recent speculation about Tim Cook's potential departure from Apple has reached a crescendo, fueled not only by his approaching 65th birthday next month but also by broader questions about his leadership in an increasingly complex global landscape. While Cook has made no official announcement about stepping down, industry watchers note that his tenure has been marked by challenging geopolitical pressures that may be weighing on the famously private executive.

U.S. financial markets rallied this week as the Federal Reserve lowered interest rates for the first time since December 2024, cutting by a quarter of a percentage point. The move had been widely anticipated, but it reassured investors that the central bank is ready to support growth as the labour market shows signs of softening. The Fed's updated projections suggest that policymakers expect further cuts of up to half a percentage point

US President Donald Trump said he would meet Chinese President Xi Jinping on the sidelines of the upcoming Asia-Pacific Economic Cooperation summit and hailed progress toward finalizing a deal over TikTok, after a highly anticipated call on Friday. The in-person meeting would be the first between the leaders of the world's two largest economies since the US president returned to office, and settles an extended back-and-forth between Washington and Beijing around the venue and timing.

Trump's pause on weapons provisions, if confirmed, included orders for lethal munitions and autonomous drones, but could still be reversed, the Washington Post reported on Friday. It came amid US efforts to negotiate a trade deal with China after a long and punishing trade war, and hours before Trump and China's leader Xi Jinping spoke on the phone on Friday. Trump said they had made productive progress on issues including trade, fentanyl and TikTok.

US president Donald Trump said he plans to meet Chinese Premier Xi Jinping in South Korea next month following a phone call in which the Chinese leader also approved of a deal to take control of TikTok's US operations. Trump wrote on Truth Social the call was "productive" and the approval was "appreciated", adding that he would travel to China next year after the two meet.