China, Trump and tariff
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The European Union and its 27 member nation bloc became the latest of the United States' top trading partners to come to an agreement with Trump over the weekend, joining the Philippines, Japan and Indonesia in announcing deals during July.
South Africa exports mainly raw materials and minerals to China while importing manufactured and capital goods, running a trade deficit of $9.7bn in 2023. Diplomatically, South Africa has moved away from a tradition of non-aligned pragmatism.
Donald Trump indicated a possible visit to China but refuted claims of seeking a summit with Xi Jinping during trade talks.
3hon MSN
Trump's trade deals for 'the world' will be 'done by Friday,' but China will take longer: Lutnick
The Commerce secretary suggested on CNBC's "Squawk Box" that President Trump has repeatedly rejected potential deals in pursuit of better terms for the U.S.
U.S. senators from both major parties plan to introduce bills this week targeting China over its treatment of minority groups, dissidents and Taiwan, emphasizing security and human rights as President Donald Trump focuses on trade with Beijing.
After previously saying that the US would block exports of key AI chips to China, Donald Trump's administration has backtracked.
President Donald Trump says a trip to China may happen soon, hinting at efforts to stabilize U.S.-China trade relations.
U.S. President Donald Trump said on Sunday his administration was close to reaching a trade deal with China, but gave no other details.
President Donald Trump is meeting with United Kingdom Prime Minister Keir Starmer in Turnberry, Scotland, this morning to discuss trade. The U.S. and United Kingdom reached an agreement on tariffs in May. Yesterday, Trump announced a trade deal with the European Union that would set tariffs at 15% for U.S. imports of most European goods.