US President Donald Trump and Chinese leader Xi Jinping have met in South Korea. The meeting was "fantastic", according to Trump. We have come to solutions on many points, the president says on the plane on the way back to the United States.
World politicsUSA and China have agreed on a framework for the upcoming summit between the countries' presidents. This is stated by Finance Minister Scott Bessent after two days of talks in Malaysia.
BusinessThe EU's trade commissioner Maros Sefcovic will meet the US trade representative Jamieson Greer this week to try to resume the interrupted negotiations on reduced tariffs on exports of steel and aluminium.
BusinessAfter a new round of trade talks, the USA and China agree on a framework for a settlement regarding the social media giant Tiktok's future in the USA. This is confirmed by the two countries.
BusinessEurope has strong economic muscles and will give the USA a resolute answer to Donald Trump's new tariff threats, says Foreign Trade Minister Benjamin Dousa. If we don't get that they are actually ready to sit down for serious negotiations, then Europe will not back down.
BusinessThe USA has started signaling interest in a customs agreement with the EU. But according to Sweden's Trade Minister Benjamin Dousa (M), the risk is great that they won't make it in time - when President Donald Trump's 90-day tariff pause expires. I believe the pause can very well be extended, he says.
BusinessThe USA and China are pausing tariffs against each other for 90 days, according to a joint statement. And the USA's finance minister says that the countries will soon meet again for further talks. On the stock exchange, it's thumbs up and the dollar is gaining against other world currencies.
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