Tag: Iran

Xi Pitches His Vision for Avoiding Conflict With the U.S.

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China’s leader, Xi Jinping, has spent the last year standing up to President Trump. He met triple-digit tariff with triple-digit tariff and restricted rare earth exports, forcing the Trump administration to back down. Both sides suffered, and so did the global economy. But having made his point, and established China as America’s peer, Mr. Xi is now pivoting from retaliation to conciliation. At a summit in Beijing this week that he billed as historic, Mr. Xi offered Washington a choice: Accept China as an equal power with red lines that…

What was actually achieved at Trump and Xi’s ‘stalemate summit’ in Beijing?

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Donald Trump’s whirlwind trip to Beijing – the first US presidential visit in nearly a decade – wrapped up with much fanfare but little clarity about what was actually achieved. Trump said on Friday he and Xi Jinping, China’s leader, “settled a lot of different problems that other people wouldn’t have been able to solve”. But he didn’t provide much detail on what those solutions were. “My guess is that despite all the ceremony and summit theatrics, that at the end of the day, this summit will not be that…

Trump-Xi accord on Iran elusive as US president’s China trip winds down

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Donald Trump has claimed that the US and China “feel very similar” about ending the war in Iran but offered no details about a possible breakthrough. The US president was speaking alongside Xi Jinping of China at the Zhongnanhai garden in Beijing on the second and final day of the leaders’ summit. “We did discuss Iran,” Trump said. “We feel very similar about [how] we want it to end. We don’t want them to have a nuclear weapon. We want the straits open.” He added: “We want them [Iran] to…

Why the Bombing of Iran Tied the U.S. More Closely to China

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As the United States works to rebuild its supply of missiles and munitions after deploying many of them in the war with Iran, its defense contractors will need a supply of rare-earth minerals and magnets that are essential to making those weapons. But China dominates global production of those minerals, and it has enacted tight controls over them in the past year to cut off any foreign companies linked to the military and to put political pressure on the Trump administration. China deployed its control over the mineral supply chain…

Trump says he ‘doesn’t think about Americans’ financial situation’ as he heads to China for talks with Xi Jinping – US politics live

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U.S. Might Restart Strikes on Iran, Trump and Hegseth Warn

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The United States could end the month-old cease-fire and resume its attacks on Iran, President Trump and Defense Secretary Pete Hegseth said on Tuesday, a day after Mr. Trump dismissed Tehran’s latest offer to end the war as “garbage.” “We’re either going to make a deal or they’re going to be decimated,” Mr. Trump told reporters in Washington as he prepared to travel to Beijing for a summit with China’s top leader, Xi Jinping. “One way or the other, we win.” Mr. Hegseth told a congressional hearing: “We have a…

Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’

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Countries were bracing on Monday for prolonged economic woes stemming from high energy prices after President Trump called the latest Iranian offer to end the war and reopen the Strait of Hormuz “garbage” and declared that the cease-fire was “on massive life support.” Mr. Trump, speaking to reporters in the Oval Office, reiterated that Iran could not be allowed to develop a nuclear weapon and likened the truce announced last month to a patient with a “1 percent chance” of survival. Iran’s state-owned broadcaster reported on Monday that in its…

How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil

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The summit between President Trump and China’s top leader, Xi Jinping, in Beijing this week is likely to include tense discussions about tariffs, Taiwan, Iran and sanctions. But simmering below the surface is another battle between the United States and China: an intensifying currency war. Concerns about America’s mounting debt load and its aggressive use of sanctions to cut adversaries off from the Western financial system have raised doubts about the safety of the dollar as the world’s reserve currency. Those fears have led to growing demand for gold and…

Why the Trump-Xi Summit Matters, Even if Little Seems to Come of It

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President Trump and China’s leader, Xi Jinping, are scheduled to meet in Beijing this week for a high-stakes summit that could shape the next stage of rivalry between the world’s two major powers. Mr. Trump and Mr. Xi are expected to discuss the war in Iran, trade, Taiwan and other points of contention during a two-day summit beginning on Thursday. Mr. Trump and Mr. Xi last met in October in South Korea, where they agreed to pause a bruising trade war in which the U.S. imposed triple-digit tariffs on Chinese…