China, Trump and tariff
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European Union leaders are meeting with top Chinese officials in Beijing on Thursday for a one-day summit aimed at addressing trade imbalances, climate cooperation and global conflicts, though expectations for concrete outcomes are low.
Fresh off his announcement of securing a trade deal with the European Union, President Donald Trump hopes he can do the same with China.
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China and the European Union have issued a joint call to action on climate change during a tense summit in Beijing.
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Chinese President Xi Jinping criticised Brussels's recent trade actions against Beijing at a tense summit dominated by concerns on trade and the Ukraine war.
Asian shares are mostly lower as some of the euphoria fizzles out over a tariff deal with Japan as proposed recently by President Donald Trump.
What the market is looking for as US and Chinese trade negotiators meet this week is whether recent de-escalatory signals between the two superpowers will produce a further delay of steep tariffs.
China has accused some European Parliament members of "grossly interfering" in its internal affairs following a meeting between European lawmakers and Taiwanese President Lai Ching-te last week.
As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.
Top U.S. and Chinese officials negotiate in Sweden to extend their trade truce, as the Trump administration races to finalize deals before tariff deadlines expire.