Donald Trump has instructed the Pentagon to immediately start matching other nuclear powers in their testing of nuclear weapons, specifically citing Russia and China. In a post to Truth Social, Trump said that “because of other countries’ testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis. That process will begin immediately.” The post came less than an hour before Trump met the Chinese president, Xi Jinping, in South Korea on Thursday morning in an effort to come to a trade…
Tag: US politics
Donald Trump greeted by Emperor Naruhito in Japan before meeting new prime minister – US politics live
From 1h ago Trump gets royal welcome in Japan as he meets emperor Hello and welcome to the US politics live blog. I’m Tom Ambrose and I will be bringing you all the latest news lines over the next few hours. We start with the news that president Donald Trump received a royal welcome on Monday in Japan, the latest leg of a five-day Asia trip which he hopes to cap with an agreement on a trade war truce with Chinese president Xi Jinping. Trump, making his longest journey abroad…
US and China reach ‘final deal’ on TikTok sale, treasury secretary says
US treasury secretary Scott Bessent claimed on Sunday that the US and China have finalized the details of a deal transferring TikTok’s US version to new owners. “We reached a final deal on TikTok,” Bessent said on Sunday on CBS’s Face the Nation with Margaret Brennan. Alluding to Donald Trump and his Chinese counterpart, Xi Jinping, Bessent continued: “We reached [a deal] in Madrid, and I believe that as of today, all the details are ironed out, and that will be for the two leaders to consummate that transaction” during…
Trump administration considering curbs on exports to China made with US software
The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing’s latest round of rare earth export restrictions, according to a US official and three people briefed by US authorities. While the plan is not the only option on the table, it would make good on Donald Trump’s threat earlier this month to bar “critical software” exports to China by restricting global shipments of items that contain US software or were produced using US software.…
Albanese’s critical minerals deal isn’t good economics – but in Trump and Xi’s new world, bargaining chips matter
Anthony Albanese has struck a multi-billion dollar deal with Donald Trump to develop critical minerals projects in Australia that will never be commercially viable. When it’s laid out like that, it very much sounds like our prime minister fell victim to the president’s “art of the deal”. But we are in a new world where the national value of our critical minerals extends beyond economics, experts say. “This is a really significant deal, and I’m surprised how good it is,” says Hayley Channer, the director of the economic security program…
Trump says China ‘doesn’t want’ to invade Taiwan and reaffirms trust in Xi
Donald Trump has expressed doubt on Monday that China would invade Taiwan as he voiced confidence in his relationship with his Chinese counterpart, Xi Jinping, whom he will meet later this month. Trump was asked about an earlier Pentagon assessment that Xi could in the next six years attempt to seize Taiwan, a self-governing democracy claimed by China. “I think we’ll be just fine with China. China doesn’t want to do that,” Trump told reporters as he met the Australian prime minister, Anthony Albanese. Speaking of Xi’s designs on Taiwan,…
‘Americans are democracy’s equivalent of second-generation wealth’: a Chinese journalist on the US under Trump
On a Friday night in late May, Wang Jian was getting ready to broadcast. It was pouring outside, and he was sitting in the garage apartment behind his house, just outside Boston, eating dinner. “I am very sensitive to what Trump does,” Wang was telling me, in Mandarin, waving a fork. “When Trump holds a cabinet meeting, he sits there and the people next to him start to flatter him. And I think, isn’t this the same as Mao Zedong? Trump sells the same thing: a little bit of populism,…
Why has the US-China trade war restarted and how have markets reacted?
With nearly a month to go before the deadline for the US and China to reach a deal in their trade war, goodwill between the two countries appears to have been swept off the table in recent days. China announced that it was once again restricting the export of critical minerals, prompting the US president, Donald Trump, to announce tariffs of 100% on US-bound Chinese exports, scuppering, at least for now, hopes that global economic turmoil could be averted. Why has the US-China trade war restarted? On Thursday, China’s commerce…
Markets rebound amid latest US-China tariff spat as traders look to possible ‘Taco trade’
Global stock markets have edged higher and cryptocurrencies rebounded amid signs that a new front in the US-China trade war may not be as severe as first feared. Tensions between Washington and Beijing escalated again on Friday and over the weekend, as Donald Trump threatened to impose additional US tariffs of 100% on China starting next month. The US president accused the country of “very hostile” moves to restrict exports of rare-earth minerals needed for American industry. Beijing said it would retaliate if Trump did not back down. However, Trump…
China warns US of retaliation over Trump’s 100% tariffs threat
Beijing has told the US it will retaliate if Donald Trump fails to back down on his threat to impose 100% tariffs on Chinese imports as investors brace for another bout of trade war turmoil. China’s commerce ministry blamed Washington for raising trade tensions between the two countries after Trump announced on Friday that he would impose the additional tariffs on China’s exports to the US, along with new controls on critical software, by 1 November. “Wilful threats of high tariffs are not the right way to get along with…