Xi Jinping expressed China’s willingness to cooperate with the incoming Trump administration during a meeting with Joe Biden in Lima, discussing the importance of maintaining communication and managing differences for the benefit of both countries. The leaders reached an agreement on the need to maintain human control over the decision to use nuclear weapons, marking a significant step in bilateral relations. Despite ongoing disagreements, both sides are hopeful that the meeting will lead to further cooperation and control of security risks.
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US inflation fell more than expected to 2.8% in February
US inflation fell to 2.8% in February, below expectations, prompting speculation of Federal Reserve interest rate cuts amid slowing economic growth. President Trump's tariffs have caused uncertainty and market volatility, with concerns over potential inflationary impacts. The Bank of Canada also cut rates due to trade tensions, while sectors like medical care and used cars saw price increases in February. Full Article
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