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The Latest Breaking News from He Lifeng

Did the US flinch first in tariff war with China?

A high-stakes game of chicken has come to an end for 90 days, as both China and the US claim the upper hand.

Al Jazeera

Trump news at a glance: Plan to accept luxury jet from Qatar draws criticism from allies and rivals

The president indicated he was preparing to accept a jet described as a ‘flying palace’ from the Qatari royal family. Key US politics stories from Sunday 11 May at a glance

The Guardian - US

US And China To Publish Details Of 'Substantial' Trade Talks In Geneva

The United States and China are set to provide details on Monday of the "substantial progress" made during talks in Switzerland over the weekend aimed at cooling trade tensions ignited by President Donald Trump's sweeping tariffs.

International Business Times

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White House claims China trade deal reached while Beijing hails ‘important first steps’

US announcement comes after treasury secretary touted progress in two days of talks with Chinese vice-premier in Geneva

The Guardian - UK

Trump Hails 'Total Reset' In US-China Trade Relations As Talks Continue

US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

International Business Times

US and China tariff talks begin in Geneva with hope of de-escalating trade dispute

Tariff talks begin between US and Chinese officials in Switzerland on Saturday. This follows US President Donald Trump increasing US tariffs on China to a combined 145%, and China retaliating by hitting America with a 125% levy last month.

Euronews

Switzerland's president hopes 'Holy Spirit' will guide US-China tariff talks in Geneva

The Swiss government said its talks with Bessent and US Trade Representative Jamieson Greer were “convivial and constructive” and were aimed to lay out the guidelines for a deal on the issue of customs duties to be discussed again in coming weeks.

Euronews

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Swiss Seize Window Of Opportunity On Trump Tariffs

Switzerland will once again Friday try to talk its way out of punitive tariffs on its exports to the United States, which would have serious ramifications for Swiss jobs and businesses.

International Business Times

S&P Futures Gain With All Eyes on U.S.-China Trade Talks, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are trending up +0.32% this morning as investors pin their hopes on trade negotiations between Washington and Beijing.

Barchart

‘Thank You China,’ Says Billionaire Bill Ackman as China Decides to ‘Engage With U.S.’ in Trade Talks

China’s embassy announced it plans to engage with the U.S. in the latest development in the U.S.-China trade war. Bill Ackman applauds the development.

Barchart

U.S.-China trade talk news boosts markets

Major Asian markets in China, Japan and South Korea all rose—but by less than 1%. Investors seem to be betting that the Papal Conclave will produce results before the trade negotiations do.

Fortune

Stock Index Futures Climb on U.S.-China Trade Talk Optimism, Fed Rate Decision in Focus

June S&P 500 E-Mini futures (ESM25) are up +0.58%, and June Nasdaq 100 E-Mini futures (NQM25) are up +0.64% this morning as optimism around U.S.-China trade talks boosted sentiment.

Barchart

China Vows To Defend 'Justice' In Looming Trade Talks With US

China vowed Wednesday to defend "justice" in upcoming trade talks with the United States in Switzerland -- the two sides' first negotiations following President Donald Trump's sweeping tariff rollout that roiled global markets.

International Business Times

Pro-Trump Senator Set To Meet Chinese Premier

Republican Senator Steve Daines will meet Premier Li Qiang on Sunday, a senior Chinese official announced as the strong supporter of US President Donald Trump visits Beijing.

International Business Times

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International Business Times

US, China Economic Leaders Raise 'Serious Concerns' In First Call

US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term.

Evening Standard

Reeves says London is 'natural home' for Chinese finance and defends Beijing trip

Ms Reeves hailed the trip as a ‘significant milestone’ in Labour’s re-engagement with China, saying she had agreed deals worth £600 million over the next five years

The Guardian - UK

Reeves’ drive for growth seeks China lifeline after UK market turmoil

Chancellor’s mission to Beijing weighted with greater expectations

The Independent UK

Reeves vows ‘action’ to meet fiscal rules amid rise in borrowing costs

Problems on the gilt markets have overshadowed the Chancellor’s trip to China.

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The Independent UK

Reeves accused of abandoning principles over China in ‘delusional’ bid to save UK economy

Exclusive: Former cabinet minister Iain Duncan Smith said that the chancellor’s trip to Beijing was a desperate move ‘because she has trashed the economy’

The Independent UK

Watch: Rachel Reeves and Chinese counterpart He Lifeng hold joint news conference after trade meeting

Watch again as Rachel Reeves and her Chinese counterpart He Lifeng held a joint news conference on Saturday (11 January), following earlier trade meetings.

The Independent UK

Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China

The Chancellor called for more UK-China investment, but said this must not come at the price of national security.

Evening Standard

Minister defends Reeves’ China trip after warrants issued for UK-based activists

The UK ‘must sometimes be involved’ with countries whose values ‘may not completely align with ours’, Foreign Office minister Catherine West has said.

The Guardian - UK

Xi Jinping praises Labour’s economic policy as Keir Starmer discusses human rights concerns

PM questions sanctions against MPs and plight of Jimmy Lai as China’s president says Starmer ‘fixing the foundations’

International Business Times

Yellen, Premier Li Express Hope For US-China Cooperation

US Treasury Secretary Janet Yellen and Chinese Premier Li Qiang sounded a hopeful note on bilateral relations at the start of their Sunday meeting in Beijing.

International Business Times

US, China Agree To Hold Talks On 'Balanced Economic Growth'

The United States and China have agreed to hold "intensive exchanges on balanced growth", the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

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