Soybeans are the notable exception, revealing Beijing’s selective approach to fulfilling trade commitments ahead of the summit between President Trump and Xi Jinping.
In May, China agreed to buy at least $17 billion in U.S. farm goods a year through 2028. China had already vowed separately to step up purchases of American soybeans.
Beyond warm meetings between their leaders, the countries are engaging in tit-for-tat measures that call into question the stability of their arrangement.
In a meeting on Sunday, the U.S. Treasury secretary and China’s vice premier talked about having a shared vision on the goals of artificial intelligence and the threats it poses.
Treasury Secretary Scott Bessent said on Sunday that the alert system would be activated when a matter related to artificial intelligence reaches the national security level.
As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.
India is trying to secure affordable energy while preserving a crucial relationship with Washington, a balancing act made harder by turmoil in global energy markets.
A poster for the pet food brand Purina Pro Plan on a factory of Nestlé’s in Russia in 2022. Nestlé scaled back some of its operations in Russia after the country invaded Ukraine.
The Bank of Japan governor, Kazuo Ueda, indicated that underlying inflation was approaching the central bank’s 2 percent target after months of steady signals.
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