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Trump says ‘getting along well' with China, downplays hostile acts

Trump says ‘getting along well' with China, downplays hostile acts

Business Times19 hours ago

[WASHINGTON] President Donald Trump on Sunday dismissed the importance of aggressive actions linked to Beijing including recent arrests of two Chinese nationals accused of smuggling a dangerous pathogen into the United States, saying 'that's the way the world works.'
Trump told Fox News that Washington behaves in a similar way.
'You don't think we do that to them? We do, we do a lot of things,' he said on the Sunday Morning Futures with Maria Bartiromo show.
'That's the way the world works. It's a nasty world.'
Trump was responding to a question about how he viewed Chinese intellectual property theft, hacking of the US telecoms system and controversy around the Covid-19 pandemic.
He likewise dismissed concerns over a case in which two Chinese nationals were accused last month of smuggling in a toxic fungus.
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Yunqing Jian, 33, and Zunyong Liu, 34, are charged with conspiracy, smuggling, false statements, and visa fraud.
The US Justice Department said the pair conspired to smuggle into the United States a fungus called Fusarium graminearum that causes 'head blight,' a disease of wheat, barley, maize and rice.
Trump downplayed this saying, 'you don't know where that came from, though. I mean, did that come from the country, or is that three wackos that happened to carry something?'
Referring to the ongoing US-China trade war, Trump appeared to signal he was satisfied, saying 'We're getting along well with China.'
He added: 'I think getting along with China is a very good thing, but they are paying substantial tariffs.'
This past week, the White House signalled trade progress with China with an official saying both sides have reached an understanding on issues including expediting rare earth shipments to the United States.
After talks in Geneva in May, Washington and Beijing agreed to temporarily lower steep tit-for-tat tariffs on each other's products. AFP

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Canada rescinds digital services tax to advance stalled trade talks with US
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Canada Surprisingly Scraps Digital Services Tax Targeting US Tech Firms After Caving in to Trump's Pressure and Resumes Trade Talks
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International Business Times

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US, Canada to resume trade talks after Ottawa drops digital tax
US, Canada to resume trade talks after Ottawa drops digital tax

Straits Times

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  • Straits Times

US, Canada to resume trade talks after Ottawa drops digital tax

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"We have countries that are negotiating in good faith, but they should be aware that if we can't get across the line because they are being recalcitrant, then we could spring back to the April 2 levels," Bessent said. "I hope that won't have to happen." Trump and Carney met at a G7 summit earlier this month, with the Canadian prime minister saying they had agreed to wrap up a new economic agreement within 30 days. Canada's planned digital tax was 3% of the digital services revenue a firm takes in from Canadian users above $20 million in a calendar year, and payments were to be retroactive to 2022. It would have impacted giant U.S. technology firms including Meta, Alphabet's Google and Apple. The tax collection slated for Monday will be halted, a statement from Canada's finance ministry said. Finance Minister Francois-Philippe Champagne will bring forward legislation to rescind the Digital Services Tax Act. 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