Trump, Xi Jinping and China
Addressing the annual meeting in Davos, Switzerland, via video from the White House, Trump described a “very good” relationship with Chinese President Xi Jinping, saying the two countries needed only to make their trade relationship “fair”,
I was among 700 people in the hall to hear Donald Trump address the World Economic Forum in Davos. I wondered whether his blunt style landed.
In 2017, weeks after Donald Trump’s first presidential election victory, Xi Jinping became the first Chinese head of state to address the World Economic Forum in Davos, Switzerland — winning applause as he inveighed against protectionism and declared that a trade war would hurt both sides.
"If you don’t make your product in America, which is your prerogative, then very simply, you will have to pay a tariff."
President Volodymyr Zelensky believes only the leaders of the United States and China, Donald Trump and Xi Jinping, could push Russian dictator Vladimir Putin to peace. — Ukrinform.
President Donald Trump addressed global leaders at Davos, revealing his vision for U.S.-China ties. Calling for a "fair relationship" and slamming Biden's $1.1 trillion deficit with China, Trump highlighted his past rapport with Xi Jinping.
The president, addressing the gathering of world leaders virtually, calls for a drop in interest rates and warns that tariffs are coming unless
Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private lunch in Davos on Tuesday.
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For a start, the yen perked up after the Bank of Japan finally delivered a quarter-point hike in its main policy interest rate to 0.5%, its highest since the 2008 global financial crisis. The reaction was calm, as the hike was considered neither a 'dovish hike' nor 'hawkish hike', in market parlance.
European stocks also edged higher during early trading, helped by personal goods stocks as well as Trump's comments, with the STOXX 600 up 0.3%, Germany's DAX up 0.4% and France's CAC 40 up 0.9% on the day.