NEW: The U.S.-China Currency Clash – A Battle for Economic Supremacy
WASHINGTON, Feb 20 — US President Donald Trump will travel to China from March 31 to April 2 for talks with President Xi Jinping, the White House confirmed Friday. The announcement came just hours before the US Supreme Court struck down Trump’s sweeping tariffs on imported goods, ruling that he had overstepped his authority under the International Emergency Economic Powers Act.
The tariffs, including 20% duties on Chinese exports, were tied to national emergencies related to fentanyl distribution and trade imbalances. The ruling raises fresh questions for US-China relations, which had recently stabilised after Trump trimmed tariffs in exchange for Beijing’s cooperation on fentanyl and critical minerals.
French President Emmanuel Macron, speaking in Paris, welcomed the court’s decision, saying it showed the importance of counterweights to power in democracies. He added that France would adapt to Trump’s new 10% global tariff while continuing to export agricultural, luxury, fashion, and aeronautical goods. Macron stressed reciprocity as the fairest principle in trade.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
KPJ Healthcare is advancing its health system by expanding the use of artificial intelligence in…
Malaysia’s total trade reached RM3.1 trillion in 2025, with Penang emerging as the top exporting…
Petronas is set to explore what is believed to be the world’s second largest gas…
Trip.com Group and Visa have formed a strategic partnership to deliver personalized travel experiences, seamless…
Royalton and Kinara Energy have formalized a Sabah partnership to expand corrosion protection services, strengthen…
Eight people are feared dead after a U.S. Air Force B-52 bomber crashed shortly after…
This website uses cookies.