U.S. Treasury Secretary Scott Bessent declined to confirm direct tariff negotiations with China, suggesting that Beijing faces severe economic fallout if current trade barriers persist.
Speaking to reporters, Bessent cited potential Chinese job losses in the millions and argued that the U.S. trade deficit puts pressure on China to act.
While avoiding specifics on communications, he hinted at the unsustainable nature of China’s tariff stance.
Beijing denies ongoing talks.
The standoff continues, clouded by diplomatic silence and sharp warnings of economic instability from Washington.
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U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may have violated a key agreement, accusing Beijing of withholding essential industrial materials. With global supply chains in jeopardy, aides expect the upcoming call to iron out issues. While no date is confirmed, White House officials are optimistic a conversation is imminent and may clarify the Geneva deal on tariff rollbacks signed last month.
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President Donald Trump has announced a major development in U.S.-China trade talks, revealing that China has agreed to “open up” to U.S. businesses and suspend trade barriers. This comes after a high-stakes negotiation involving top U.S. and Chinese officials, resulting in a 90-day pause on most tariffs. Trump highlighted this as a key breakthrough in the discussions led by Treasury Secretary Scott Bessent and Trade Rep. Jamieson Greer. The agreement is expected to ease tensions and create a temporary window for further economic cooperation between the two global powers.
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Congresswoman Joyce Beatty erupted in a heated exchange with Treasury Secretary Scott Bessent over delays in the Harriet Tubman $20 bill, his alleged crypto ties to DOGE, and the impact of Trump-era tariffs. With high-level U.S.-China trade talks resuming in Switzerland, Beatty’s outburst spotlights growing frustration within Congress. As Bessent touts upcoming trade deals, Beatty accuses the administration of ignoring economic realities and symbolic justice. Watch the dramatic hearing and the fiery debate that could reshape the tariff narrative.
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Watch: Humanoid robots stumble through AI-powered football match in Beijing
In Beijing, humanoid robots competed in a 3-on-3 football match, stumbling and needing stretchers, offering a glimpse into the future of AI robotics.
READ MORE : http://www.euronews.com/2025/06/30/watch-humanoid-robots-stumble-through-ai-powered-football-match-in-beijing
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A shocking Czech intelligence report has revealed that Chinese agents plotted a staged car crash to intimidate Taiwan’s Vice President-elect Hsiao Bi-Khim during her 2024 visit to Prague. Described as a “demonstrative kinetic action,” the operation was orchestrated by individuals linked to China’s embassy in Prague. Military intelligence says the attempt never advanced past the planning stage — but a Chinese agent’s reckless move, running a red light while tailing Hsiao’s convoy, sparked the investigation.
Taiwan’s Presidential Office has condemned the plot, while Czech officials quietly raised concerns with Beijing. The incident further exposes China’s covert operations and aggressive attempts to isolate Taiwan diplomatically. Lawmakers in Taiwan called the plot an act of “transnational repression.” Despite China’s pressure on global governments, Taiwan continues to assert itself as a sovereign democracy — and this failed intimidation attempt may have backfired for Beijing.
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President Donald Trump has confirmed a new trade deal with China focused on expediting rare earth shipments to the U.S. After secretive negotiations in London, Beijing has agreed to ease export controls while Washington lifts several restrictive measures. This breakthrough follows accusations of non-compliance after the Geneva pact in May. The fragile agreement signals a major de-escalation in the US-China trade standoff and could reshape the global tech and defense supply chain. Trump teased the deal during a high-profile event, declaring it a "big win" for American industry.
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European Commission President Ursula von der Leyen reminded Donald Trump that the EU remains open for a trade deal—but the U.S. President made it clear: China and India come first. Speaking after sealing deals with Beijing and hinting at a "very big" one with India, Trump gave no indication of engaging with Europe anytime soon. The EU, once a top U.S. economic partner, is now seemingly sidelined as Washington pivots eastward. The diplomatic slight leaves Brussels waiting in line—behind two of the world’s biggest emerging powerhouses.
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