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trade

Politics

US says China trade truce extended as Trump welcomes Xi

US President Donald Trump welcomed Chinese President Xi ​Jinping to Washington on Wednesday for a three-day visit that will test relations between the superpowers as tensions simmer over trade, technology, Taiwan and Tehran. Xi’s first trip to the US in nearly three years was not expected to deliver major breakthroughs, but Washington and Beijing could extend their 11-month trade truce.

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World

Can Iran replace sea trade with land routes?

Iran is shifting trade toward northern ports and land routes as its southern shipping faces a US blockade. Analysts say the corridors can keep essential goods moving, but cannot replace maritime trade.