Xi, Trump
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Donald Trump has sought to cool tensions with China by claiming Xi Jinping “had a bad moment” when announcing new export controls on rare earths and critical minerals.
China’s exports accelerated in September, showing the resilience of the country’s trade machine as tensions flared again with the US ahead of an expected meeting between presidents Xi Jinping and Donald Trump in South Korea this month.
Beijing’s Transport Ministry announced it will begin collecting fees on vessels owned by U.S. companies and individuals, as well as those built in America, starting October 14.
The recent developments may heighten tensions between the two countries as President Donald Trump prepares for a meeting with Chinese leader Xi Jinping.
President Trump appears to have softened his rhetoric toward China after his latest tariff threat triggered a market plunge on Friday. Max Chafkin and Bharat Ramamurti discuss on The 11th Hour.