#us-china-relations

#us-china-relations

The decision, which may still be reversed, marks a U-turn inU.S. policy toward the self-governing island nation that China claims as its own territory, said the people, who spoke on the condition of anonymity to discuss internal deliberations. Two people familiar with the matter said the package was worth more than $400 million and would have been "more lethal" than past rounds of aid to Taiwan, including munitions and autonomous drones.

From the "Love Island" villa to the Coldplay "kiss cam," it's been a summer full of interesting relationships. However, President Donald Trump and Fed Chair Jerome Powell's relationship, or lack thereof, has the biggest impact on the business world. Powell's decision to keep rates steady this summer only fueled the fire. And Trump's ire for Powell has now extended to some of his colleagues, who are also fighting back.

President Donald Trump recently announced a plan to achieve AI dominance for the United States, emphasizing domestic infrastructure growth and export controls on advanced semiconductor chips.

The closure comes amid broader layoffs within Amazon Web Services, reflecting escalating geopolitical friction between the United States and China.

NATO Secretary-General Mark Rutte urged China, Brazil, and India to pressure Russia regarding the Ukraine conflict, warning about potential severe consequences from US tariffs if they don’t act.

China's GDP grew 5.2% in April to June, ahead of analysts' expectations of 5.1%, showcasing resilience amid ongoing trade tensions with the U.S.

Australia will refuse any US request to join a hypothetical conflict with China over Taiwan and won't make any advance commitment, stated defence industry minister Pat Conroy. He emphasized that any declaration of war would be the exclusive decision of the Australian government of the day.

I thought it was very constructive and positive meeting," said Rubio. Tensions remain high between Washington and Beijing, as the two nations clash over a range of issues, including Taiwan, trade, and emerging technologies.