economicrelations

Trump Predicts Quick Approval of TikTok Deal by China if Tariffs are Lifted

2 months ago

Former President Donald Trump stated that China would swiftly approve a deal for the sale of TikTok. He claims that such a decision would be made in just 15 minutes if he were to eliminate the import tariffs imposed by his administration. Trump reminded that during his presidency, he was the one who raised concerns about security and data control associated with TikTok, which led to legal battles with the Chinese company ByteDance, the app's owner.

Long-Awaited Meeting: Janet Yellen Welcomes Visit from Her Chinese Counterpart

9 months ago

U.S. Treasury Secretary Janet Yellen has expressed her willingness to meet with her Chinese counterpart, aiming to strengthen the financial relationship between the two largest economies in the world. At a press conference in Washington, Yellen emphasized that such a visit would be beneficial for discussing crucial issues related to the global economy, trade, and security. This statement comes amid rising tensions between Washington and Beijing, as well as uncertainty in the global economy.