U.S. President Donald Trump rounded off his six-day Asia trip on Thursday by reaching a framework trade agreement with Chinese President Xi Jinping in Busan, South Korea. Trump hailed the meeting as having been “truly great” and stressed that the U.S.-China relationship is “very, very important.” But the bigger winner out of Thursday’s talks appears to be Beijing, which used its near monopoly on rare earths and its purchasing power on U.S. soybeans to leverage trade wins from the White House.
Welcome back to World Brief, where we’re looking at U.S. President Donald Trump’s meeting with Chinese President Xi Jinping, the U.S. Defense Department potentially restarting nuclear testing, and deadly anti-government protests in Tanzania .
Welcome back to World Brief, where we’re looking at U.S. President Donald Trump’s meeting with Chinese President Xi Jinping, the U.S. Defense Department potentially restarting nuclear testing, and deadly anti-government protests in Tanzania.
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Trade Truce
U.S. President Donald Trump rounded off his six-day Asia trip on Thursday by reaching a framework trade agreement with Chinese President Xi Jinping in Busan, South Korea. Trump hailed the meeting as having been “truly great” and stressed that the U.S.-China relationship is “very, very important.” But the big
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