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Hindustan Times
5 hours ago
- Business
- Hindustan Times
Trump breaks silence on reports he's seeking ‘Summit' with Chinese President Xi Jinping; ‘I may go to China, but…'
US President Donald Trump has indicated that he would visit China soon, but he has denied reports that he is looking to meet with Beijing counterpart Xi Jinping in the midst of heated trade talks between the two economic heavyweights. US President Donald Trump (L) and Chinese President Xi Jinping (R) walk together at the Mar-a-Lago estate in Palm Beach, Florida.(AFP) 'The Fake News is reporting that I am SEEKING a 'Summit' with President Xi of China. This is not correct, I am not SEEKING anything!' Trump said in a post on Truth Social from Scotland, where he concluded a five-day trip on Tuesday. 'I may go to China, but it would only be at the invitation of President Xi, which has been extended. Otherwise, no interest! Thank you for your attention to this matter.' According to a Reuters report this week, Trump and Xi's staff have discussed arranging a meeting between the two leaders, possibly during the annual Asia-Pacific Economic Cooperation meeting in South Korea, which is scheduled for October 30–November 1. It's unclear if there have been any conversations about Trump visiting China in person. Also Read: NYC shooter Shane Tamura mentioned top neuroscientists, 'frontline documentary' in his suicide note Trump boasts 'good relationship' with China Following a months-long stalemate that has temporarily lowered levies from up to 145% on Chinese exports to the US and 125% on American goods, the US and China have to finalize a full-fledged trade agreement until August 12. A third round of negotiations between Beijing and Washington is taking place in Stockholm this week. Speaking to reporters at his Turnberry resort on Scotland's west coast on Monday, Trump said that 'We have a good relationship with China,' adding that 'China's tough' In addition to trade disputes, US officials have frequently issued warnings about Chinese intrusions, like the Salt Typhoon operation that compromised US telecom networks. Taiwanese President's Central America visit canceled Taiwanese President Lai Ching-te was scheduled to make a diplomatic trip to Central America later this year, but the Trump administration prevented him from making a stop in New York City, according to a report published by the Financial Times on Monday.
New York Post
7 hours ago
- Business
- New York Post
Trump confirms possible China trip, but insists ‘not seeking' Xi summit
President Trump has revealed that he may jet over to China in the near future, but rebuffed suggestions that he is seeking a summit with Beijing counterpart Xi Jinping amid intense trade negotiations between the two economic superpowers. 'The Fake News is reporting that I am SEEKING a 'Summit' with President Xi of China. This is not correct, I am not SEEKING anything!' Trump wrote on Truth Social late Monday from Scotland, where he wrapped up a five-day visit Tuesday. 'I may go to China, but it would only be at the invitation of President Xi, which has been extended. Otherwise, no interest! Thank you for your attention to this matter.' Staffers for Trump and Xi have held discussions about setting up a meeting between the two leaders, potentially on the sidelines of the annual Asia-Pacific Economic Cooperation (APEC) meeting in South Korea, which takes place Oct. 30-Nov. 1, Reuters reported last week. It is unclear whether any discussions of Trump traveling to China directly have been broached. 3 President Trump confirmed ongoing talks with China about him meeting with leader Xi Jinping. Xinhua News Agency via Getty Images 3 President Trump and Chinese leader Xi Jinping's last in-person meeting took place in 2019. XinhuaTrump and Xi last met face-to-face in June 2019 on the sidelines of the G-20 summit in Osaka, Japan. The US and China have until Aug. 12 to reach a full-fledged trade agreement following a months-long truce that has seen duties temporarily come down from up to 145% on Chinese exports to the US and 125% on American goods. Negotiators from Washington and Beijing are holding a third round of talks this week in Stockholm. 'We have a good relationship with China,' Trump told reporters Monday at his Turnberry club on the west coast of Scotland. 'China's tough.' In 2024, China was the third-largest US trading partner among individual nations — behind only Mexico and Canada — with trade between the two nations amounting to $582.4 billion. Further complicating negotiations is Trump's looming threat to impose secondary tariffs of 100% against countries that trade with Moscow until the Kremlin ends its invasion of Ukraine and agrees a peace deal. China and India, in particular, have continued to purchase energy from Russia throughout the 41-month-old war on Ukraine. China has also been accused of providing Moscow's arms industry with critical supplies. 3 The Trump administration is currently involved in trade negotiations with China. Getty Images Beyond trade tensions, US officials have repeatedly warned about Chinese cyber attacks, such as the Salt Typhoon operation that breached American telecommunications systems. On Monday, the Financial Times reported that the Trump administration blocked Taiwanese President Lai Ching-te from stopping in New York City during a planned diplomatic visit to Central America later this year. China has long claimed sovereignty over the island state of Taiwan, which has its own currency, military and government. The US adheres to the One China Policy on paper, which acknowledges Beijing's claim, but takes no position on it.
Al Jazeera
8 hours ago
- Business
- Al Jazeera
US stopover by Taiwan's president cancelled; Trump mulls China trip: Report
Taiwanese President William Lai Ching-te has cancelled a trip to three allies in Central and South America after a planned stopover in the United States was reportedly nixed by his US counterpart, Donald Trump. Lai was preparing to visit Paraguay, Guatemala and Belize in early August, with stopovers planned in New York and Dallas on the first and last leg of the trip, the Financial Times reported on Tuesday. The Taiwanese leader's trip was called off when US officials said they opposed his stop in New York, the newspaper said, citing three people close to the matter. Lai's office had never formally announced his trip to Latin America, but on Monday, it said the president had cancelled all overseas travel to focus on tariff negotiations with the US and a cleanup operation following a typhoon in southern Taiwan. The president of Taiwan cannot officially visit the US, which does not recognise its government. But Taiwanese leaders have made use of 'transit stops' in the US over the years to liaise with top administration officials outside Washington, DC. In 2023, then-Taiwanese President Tsai Ing-wen used a transit stop to visit New York and Los Angeles while Joe Biden was still the US president. Beijing, which claims democratic Taiwan as part of its territory, held military exercises in the Taiwan Strait after Tsai's US stop-off to demonstrate its anger. Trump's reported decision to block Lai's stopover follows news that the US president is angling for a trip to China himself, although he said he does not want a 'summit' with his Chinese counterpart, Xi Jinping. 'The Fake News is reporting that I am SEEKING a 'Summit' with President Xi of China. This is not correct, I am not SEEKING anything! I may go to China, but it would only be at the invitation of President Xi, which has been extended,' Trump wrote on Truth Social late Monday night. Reuters reported that Trump may be aiming to visit China around the time of the Asia-Pacific Economic Cooperation summit in South Korea, which runs from October 31 to November 1. Whether the meeting will take place will depend on the outcome of ongoing trade talks between the US and China to resolve Trump's tariff war launched earlier this year. US and Chinese officials are in Stockholm this week to try to hammer out a tariff agreement before a 'truce' expires on August 12, but they have many issues to discuss, including export controls, which could drag out talks.
Korea Herald
14 hours ago
- Business
- Korea Herald
Peru marks Independence Day, highlights defense and APEC ties with Korea
Peruvian Ambassador Paul Duclos highlighted Peru's ties with South Korea in the field of defense and underscored the roles the two countries could play as members of the Asia-Pacific Economic Cooperation forum as officials in Seoul marked the Latin American country's 204th Independence Day on Tuesday. Peru's Independence Day, which falls on July 28, commemorates the country's declaration of independence from Spain in 1821, after nearly 300 years of colonial rule that began in 1532. Speaking at the event, Duclos said that Peru-Korea ties are particularly strengthened by expanding defense and security cooperation, highlighting 'agreements for the modernization of a shipyard at the port of Callao, the co-production of naval vessels and armored vehicles, and Peru's integration into the value chain for the manufacturing of military aircraft — sectors with high development potential in the years to come.' Duclos cited the signing of the Korea-Peru Free Trade Agreement in 2011 and the establishment of a comprehensive strategic partnership in 2012 as the solid foundation upon which the bilateral relationship continues to deepen. Korea is currently Peru's fifth-largest export market, he noted. Duclos also mentioned Peru's recent term as chair of APEC, noting the smooth transfer of the APEC chairmanship from Peru to Korea during the 2024 APEC Leaders' Summit in Lima. He highlighted Peru's key achievement in restoring consensus among APEC's 21 member economies, resulting in over 20 agreements, including a notable roadmap to support micro-, small and medium-sized enterprises in transitioning to a formal and integrated economy. The envoy reaffirmed Peru's strong support for Korea's 2025 APEC chairmanship, expressing commitment to Korea's priorities and saying he looked forward to President Dina Boluarte attending the summit in Gyeongju this October. Meanwhile, Kim Hee-sang, vice minister for economic affairs at South Korea's Foreign Ministry, reaffirmed Korea's commitment to Peru, emphasizing the over-80-percent growth in bilateral trade since 2010 and noting Peru's three-time designation as a priority official development assistance partner. Kim also underlined close collaboration through APEC, expressing hope for deeper cooperation during Korea's APEC chairmanship in Gyeongju this October, under the theme 'Connectivity, Innovation, and Prosperity.' sanjaykumar@
Newsweek
16 hours ago
- Politics
- Newsweek
Donald Trump Quashes China Summit Rumors: 'No Interest'
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Donald Trump has rejected reports that he is seeking a summit with China's president Xi Jinping. In a post on Truth Social, he said: "The Fake News is reporting that I am SEEKING a 'Summit' with President Xi of China. This is not correct, I am not SEEKING anything! I may go to China, but it would only be at the invitation of President Xi, which has been extended. Otherwise, no interest! Thank you for your attention to this matter." The comments follow claims that discussions were underway over a potential meeting when Trump travels to Asia later this year. Reuters reported that there have been discussions about a possible stopover during the Asia-Pacific Economic Cooperation summit in South Korea in November. Any meeting would be the first face-to-face encounter between Trump and Xi during his second term, which has been marked by heightened tensions over trade. President Donald Trump at a meeting with Prime Minister Keir Starmer in Scotland on Sunday. President Donald Trump at a meeting with Prime Minister Keir Starmer in Scotland on is a developing story. More to follow.
