BEIJING/KUALA LUMPUR (Reuters) -Chinese President Xi Jinping is unlikely to attend a major summit of Asian leaders in October, two people familiar with the matter said, dashing expectations of a potential meeting with U.

Chinese Ambassador Xu Feihong said that the US had long benefited from free trade but was now using tariffs as bargaining chips. He stated that the US had imposed tariffs of up to 50% on India and that China firmly opposed it.

"US soybean farmers are very appreciative of all of the past experience and partnerships that we've developed with China, especially when it comes to soybean trade," Janna Fritz, chair of the US Soybean Export Council and a sixth-generation farmer from Michigan, told China Daily on Thursday.

China’s turn to Brazilian soybeans could cost U.S. farmers billions. Export sales of this fall’s U.S. soybean crop are down 81% from the five-year average.

Amid US President Donald Trump's unpredictable foreign policy, Asian giants — India and China — are cautiously strengthening ties by staging a series of high-level bilateral visits.

President Donald Trump extended a trade truce with China for another 90 days, at least delaying once again a dangerous showdown between the world’s two biggest economies.

BEIJING/KUALA LUMPUR - Chinese President Xi Jinping is unlikely to attend a major summit of Asian leaders in October, two people familiar with the matter said, dashing expectations of a potential meeting with U.

The EU will curb artificial intelligence (AI) chip flows to China as part of its trade deal with the US, the South China Morning Post (SCMP) claimed on Thursday. Chinese officials have previously warned other countries and regions against reaching deals with the US at the expense of China’s interests and vowed to firmly safeguard its interests.