Tag: Trade Policy
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Xi Jinping Ties China’s Development to Trump’s MAGA Vision in Uneasy US-China Dialogue
Xi Jinping Frames Cooperation as Mutual Destiny In a striking remark during recent talks, Chinese President Xi Jinping suggested that China’s path toward revitalization is closely aligned with the policy goals championed by U.S. President Donald Trump, specifically the idea of making America great again. The comment, delivered in the context of high-level meetings, signals…
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Trump Reframes Talks as Rare-Earth Breakthrough, Highlighting Xi’s Leverage
Context and Contentions Former President Donald Trump cast the latest round of U.S.-China negotiations as a rare progress moment centered on critical minerals, especially rare earths. In a discourse framed for his base and for policymakers watching the broader tech and defense supply chain, Trump argued that the talks yielded tangible gains on mineral supply…
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Lee Jae Myung Urges Stronger APEC Ties to Weather Economic Uncertainty
South Korea Champions Deeper APEC Partnerships Amid Uncertain Markets South Korean President Lee Jae Myung underscored the importance of strengthening ties among Asia-Pacific Economic Cooperation (APEC) members as the region navigates ongoing economic turbulence. Speaking at a regional gathering in Gyeongju, Lee stressed that collective action will be essential to sustain growth, manage supply chain…
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Senate Votes to End Trump’s Global Tariffs on 100+ Countries
Overview: A Bipartisan Move to End Reciprocal Tariffs The U.S. Senate scored a notable political shift on Thursday by voting 51-47 to nullify former President Donald Trump’s so-called “reciprocal” tariffs that covered more than 100 countries. In a move that drew votes from both parties, four Republicans joined all Democrats in supporting a resolution to…
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Senate Votes to End Global Tariffs Placed by Trump on 100+ Countries
Overview of the Vote The U.S. Senate on Thursday moved to roll back a key plank of Donald Trump’s trade policy by voting 51-47 to end the so-called reciprocal tariffs that had been imposed on more than 100 countries. Four Republicans joined all Democrats in support of the resolution, signaling broad bi‑partisan frustration with a…
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US Senate Votes to End Trump’s Global Tariffs on 100+ Countries
Congress Acts to Undo Controversial Global Tariffs The US Senate has moved to nullify a set of reciprocal tariffs that target more than 100 countries, marking a significant shift in the nation’s approach to trade policy. In a 51-47 vote, four Republicans joined all Democrats to approve a resolution aimed at ending what supporters described…
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ASEAN and China Expand Free Trade Pact as Alternative to US Protectionism
ASEAN and China Sign Expanded Free Trade Area 3.0 China and the Association of Southeast Asian Nations (ASEAN) formalized an expanded Free Trade Agreement (FTA) on Tuesday, broadening economic cooperation just as global markets face protectionist headwinds. The ASEAN-China Free Trade Area 3.0 builds on the long-running pact first signed in 2002 and in force…
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ASEAN-China FTA 3.0: China expands trade ties amid US protectionism
China expands economic ties with ASEAN through FTA 3.0 China and the Association of Southeast Asian Nations (ASEAN) have formalized an expanded version of their free trade agreement, the ASEAN-China Free Trade Area 3.0. The move, announced at the close of the ASEAN summit, is pitched by Chinese Premier Li Qiang as a practical alternative…
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China and ASEAN Sign Expanded Free Trade Area 3.0 to Deepen Economic Ties
Overview: A milestone in regional trade China and the Association of Southeast Asian Nations (ASEAN) sealed a broad upgrade to their long-running free trade framework, the ASEAN–China Free Trade Area 3.0, on the closing day of the annual ASEAN summit. The agreement, praised by Chinese Premier Li Qiang as a constructive alternative to protectionist policies,…
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South Korea Q3 GDP Surges, Fastest in Over a Year
Strong Q3 Growth Beats Expectations South Korea’s economy expanded at its fastest pace in more than a year in the third quarter, with advance GDP data from the Bank of Korea showing a 1.7% year-on-year increase. This outpaced economists’ expectations, who had penciled in a 1.5% rise. On a quarter-on-quarter basis, GDP grew by 1.2%,…