Saudi Press

Saudi Arabia and the world
Friday, Aug 21, 2026

Trump optimistic about US-China trade talks

Trump optimistic about US-China trade talks

Markets have edged higher amid renewed optimism over the talks, despite diplomatic tensions.

US President Donald Trump sounded an optimistic note at the end of the first day of US-China trade talks in Washington DC.

"We had a very, very good negotiation with China," Mr Trump told reporters after the talks wrapped up.

Mr Trump will meet directly with Vice Premier Liu He at the White House on Friday.

Earlier reports suggested the Chinese delegation might leave after the first day of talks.

Asian markets followed Wall Street higher after Mr Trump's comments.


Live market data


US bank giant reviews role at Chinese tech firm
Thursday's talks kicked off amid a backdrop of renewed tensions, as the US blacklisted 28 Chinese entities over human rights concerns.

They were the first high-level negotiations in more than two months.

US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer met Mr Liu and other Chinese officials.

"The Chinese side came with great sincerity, willing to cooperate with the US on the trade balance, market access and investor protection," Mr Liu told the official Xinhua news agency.

US blacklists China entities over 'Uighur abuse'


US halts China visas over Uighur issue


Earlier in the week, the US government blacklisted 28 Chinese entities it said were "implicated" in human rights abuses, and imposed additional visa restrictions for

The Chinese Embassy in Washington denounced the visa action and said the US accusations on human rights violations were "made-up pretexts" for interfering in China's affairs.

Although many of the blacklisted entities are government security bureaus, the eight companies named include some of China's leaders in artificial intelligence.

The blacklist could restrict the access of those companies to US microchips, which they currently rely on for many of their products and services.

Human rights groups and the UN say China has rounded up and detained more than a million Uighurs and other mostly Muslim minorities in detention camps in Xinjiang province.

China insists they're "vocational training centres" aimed at preventing terrorism, promoting integration into Chinese society and providing employment.

Although officials are speaking positively about the meeting, few expect more than incremental progress.

"I think China's looking for a trade truce," said Einar Tangen, a former economic adviser to the Chinese government.

"At this point, it's not clear that there will ever be any kind of big breakthrough. The idea in Beijing is that they will never allow Chinese policy to be made in Washington DC."

The Uighur geography teacher who vanished in China


US-China trade war in 300 words


The US and China have been locked in a long-running trade spat over a variety of issues.

Over the past 15 months, the world's two largest economies have imposed tariffs on billions of dollars worth of each other's goods.

The US has been demanding better protection for US intellectual property, and an end to both cyber theft and the forced transfer of technology to Chinese firms.

It also wants China to reduce industrial subsidies and improve access to Chinese markets to US companies.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
A SpaceX Rocket Is About to Crash Into the Moon — and Scientists Hope to Watch
Modern Slavery Decisions Broaden the Al Fayed Inquiry’s Frame
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
×