Meaning of China’s $1tn trade surplus
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Trump announces $12 billion in aid for farmers
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A trade war begun by President Donald Trump early in his second term led China to halt its purchases of American soybeans.
China’s top leaders are signaling they are on alert for a potential flareup of tensions in global commerce as they draw up economic plans for next year, after amassing a record trade surplus despite the tariff war with the US.
President Donald Trump will announce a $12 billion farm aid package to support U.S. farmers amid ongoing trade negotiations with China and tariff concerns.
China and France pledged deeper cooperation on global issues like the war in Ukraine and trade, as France prepares to take on the presidency of the Group of Seven next year. French President Emmanuel Macron met with China's Xi Jinping on Thursday morning as part of a three-day state visit focusing on trade and diplomacy.
U.S. trade with China needs to be balanced and probably needs to be smaller, U.S. Trade Representative Jamieson Greer said on Thursday, adding that he viewed a 25% drop in goods trade with China as heading in the "right direction.
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China Deepens Its Economic Grip on Central Asia
China’s trade and infrastructure engagement with Central Asian states surged in 2025, reshaping regional economics, politics, and transit routes.