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%. T
The world is watching as leaders from the United States and China meet to discuss trade tensions. This isn't just about the two countries; it affects everyone. The US and China are the biggest players in the global economy. Together, they make up a huge chunk of the world's GDP and manufacturing. If
High-level talks between the US and China are happening. They want to stop the trade war. But it's not going to be easy. Both sides have big differences. They fight over technology, markets, and even drugs. The US wants China to buy more American soybeans. They also want China to stop sending chemi
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 t
In a surprising turn of events, the USS Nimitz faced a double aircraft loss in a short span. A helicopter and a fighter jet both met with accidents in the South China Sea, but the good news is that all crew members are safe. The MH-60R Sea Hawk helicopter and the F/A-18F Super Hornet fighter jet bo
Trade talks between the US and China have taken a positive turn, with both sides agreeing on a basic structure for a deal. This news has given a boost to US stock futures, with the Dow, S&P 500, and Nasdaq all showing gains. The market has been on edge due to the recent trade tensions, so this devel
In a single day, the US Navy faced two unexpected setbacks in the South China Sea. A helicopter and a fighter jet both went down during routine operations. Luckily, all crew members were rescued safely. The Navy is now looking into what went wrong. The incidents happened just hours apart. First, a
China recently showcased its military might by flying H-6K bombers near Taiwan, as reported by Chinese state media. This move comes just before the U. S. and Chinese presidents are set to meet in South Korea. The bombers, capable of carrying nuclear weapons, participated in simulated confrontation d
A major shift is happening with TikTok. The US and China have wrapped up a deal to change who owns TikTok in the US. This news came from a top US official who spoke on a Sunday news show. The deal is supposed to be finalized when two big leaders, Donald Trump and Xi Jinping, meet later this week. T
So, there's this big shot from the U. S. Treasury, Scott Bessent, who was chatting on TV recently. He's been busy talking to China about some serious stuff, like tariffs and trade deals. He said they might have worked out a truce, which is good news because the U. S. was threatening to slap a huge 1
