China’s President Xi Jinping met with U.S. President Joe Biden in Lima, Peru, discussing the importance of a stable China-U.S. relationship for the benefit of both nations and humanity. Xi expressed readiness to work with the new U.S. administration, cautioning against protectionist policies that could harm the relationship. Biden emphasized the need for candid conversations to prevent conflict and urged Xi to discourage North Korea’s support for Russia in the Ukraine war.
Full Article
EU retaliates against Trump’s trade moves and hits beef, whiskey, motorcycles with targeted tariffs – Chicago Tribune
The European Union retaliated against the U.S. by imposing new duties on industrial and farm products in response to the increased tariffs on steel and aluminum imports to 25% by the Trump administration. The EU measures target goods worth $28 billion, including textiles, home appliances, and agricultural products, with a focus on products made in Republican-held states. EU officials emphasized the negative impact of tariffs on both economies and urged for negotiated outcomes to avoid...
Read more