Tariffs/Trade

US President Trump to confront Chinese President Xi at the upcoming summit over China's backing of Iran and Russia, Fox News reports

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Officials said the leaders are also expected to discuss Taiwan, cybersecurity, artificial intelligence and rare earth supply chains during the summit. Administration officials also emphasised there would be no change in longstanding US policy toward Taiwan, while highlighting increased American arms sales to Taipei and calling for Taiwan to further boost defence spending. Officials said Trump and Xi could discuss establishing a formal communication channel on AI-related security concerns as both countries race to develop increasingly advanced systems with military and cyber implications. Officials additionally pointed to ongoing discussions surrounding rare earth supply chains and access to critical minerals used in defence systems, electronics and advanced manufacturing.

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