President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
China's state media is putting up a brave front as the country's trade war with the U.S. escalated sharply over the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
U.S. stock futures surged Monday morning after President Trump said China is ready to come back to the negotiating table following a phone call Sunday and the two countries...Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump agreed to keep up pressure on North Korea until Pyongyang abandons its nuclear and missile programs, Japan's foreign ministry said on Thursday.
The two leaders confirmed in phone talks on Wednesday night that there would be "no meaningful dialogue" unless North Korea agreed on "complete, verifiable and irreversible denuclearization," the ministry said in its statement.
"Dialogue for the sake of dialogue would be meaningless," Abe told reporters after the phone talks.
South Korea said its president, Moon Jae-in, who has been pushing for a diplomatic solution to the North Korea standoff, was offered a meeting with North Korean leader Kim Jong Un in Pyongyang. The offer was made via Kim's sister, Kim Yo Jong, who visited South Korea last week for the Winter Olympics.
U.S. Vice President Mike Pence, who was also in South Korea for the Olympics opening, said on Wednesday the United States was open to talks with Pyongyang, but only to convey that it must give up its nuclear weapons.
Separately, Japan reported that it had identified another suspected illegal ship-to-ship transfer involving a U.N. blacklisted vessel.
Japan's Foreign Ministry said it had reported to the United Nations that North Korean-registered tanker, the Rye Song Gang 1, was engaged in a transfer of goods with the Belize-registered tanker "Wan Heng 11", in defiance of U.N. sanctions.
The transfer took place early Tuesday in the East China Sea about 250 km (155 miles) east of Shanghai, the ministry said in a statement issued late on Wednesday.
"Japan must be united with the international community to enhance pressure on North Korea to the maximum degree," it said.
The Rye Song Gang 1 was also spotted last month in the East China Sea engaging in a suspected transfer of goods with the Dominican-flagged tanker "Yuk Tung", which Tokyo also reported to the United Nations.