The U. S. government announced it would hold talks with China about its strong position in shipbuilding and ocean shipping. This comes as they put a temporary halt on certain fees for Chinese ships docking at U. S. ports. The pause on these fees, which can add up to billions each year, is part of a larger agreement between the two countries. This agreement aims to e...
A man from Steuben County, New York, has been found guilty of stealing important U. S. technology and trying to use it for his own gain in China. Ji Wang, 63, took secret information from his job at Corning Incorporated. This information was part of a project funded by the U. S. government to develop advanced laser technology for military use. Wang came to the U. S....
The US and China have taken a step back from their trade war. They have agreed to ease restrictions on some goods. This includes car chips, soybeans, rare minerals, and drugs. The deal came after a meeting between President Xi Jinping and President Donald Trump. They met in South Korea. The White House shared the details in a fact sheet. China will now allow the ex...
Pete Hegseth, the U. S. Defense Secretary, recently spoke in Kuala Lumpur. He highlighted China's growing actions in the South China Sea. These actions are seen as disruptive and threatening by many countries in the region. Hegseth met with defense ministers from Australia, Japan, and the Philippines. He proposed a plan to work together. The goal is to improve how t...
Taiwan's political scene just got a new face. Cheng Li-wun, the newly elected leader of the Kuomintang (KMT), the island's main opposition party, has some big shoes to fill. She's taking over at a time when tensions between Taiwan and China are running high. China sees Taiwan as part of its territory, and Taiwan's current government disagrees. Cheng isn't new to pol...
President Trump made a surprising announcement about nuclear testing. He said the U. S. would start testing nukes again. This news came just before a big meeting with China's leader, Xi Jinping. Many people, including some of Trump's own advisers, were caught off guard. Trump posted about this on social media while on his way to meet Xi. He said other countries, lik...
Two U. S. lawmakers are pushing for the Supreme Court to let a lawsuit against Cisco move forward. The suit claims Cisco's tech was used to harm Falun Gong practitioners in China. Reps. Chris Smith and John Moolenaar want the Trump administration to back the plaintiffs. They say Cisco's tech helped China's surveillance and persecution efforts. Cisco argues that U. S...
The recent meeting between Trump and Xi in Busan, South Korea, has left energy markets in a bit of a spin. After a chat lasting one hour and forty minutes, Trump announced a one-year trade agreement, set to be renewed automatically. But don't expect any fancy press releases just yet - the details are still under wraps, shared only aboard Air Force One. Oil prices ar...
During a recent meeting in South Korea, U. S. President Donald Trump and Chinese President Xi Jinping made some big decisions. One of the key points was about fentanyl, a dangerous drug. The U. S. will now charge a lower tax, or tariff, on Chinese goods linked to fentanyl. It went from 20% to 10%. Trump believes China is serious about stopping the flow of this drug. ...
The world of finance is buzzing with activity, and it's all about trade talks. Investors are feeling optimistic, pushing stock prices to new heights. The S&P 500, a key indicator of the US market, saw a significant jump of 1. 2%. This rise is largely due to the hope that the US and China are close to a trade agreement. Across the globe, the reaction is mixed. While ...