Trump told reporters in the Oval Office that Musk opposed the bill because it eliminates an electric vehicle tax credit that benefits companies like Tesla. But Trump

Three top Trump administration economic officials, including Scott Bessent, will meet Chinese negotiators in London to break the trade deadlock.

"We are in a new era of asset vulnerability," said John Hemmings, the Council on Geostrategy's deputy director for geopolitics.

President Donald Trump and Chinese President Xi Jinping discussed trade negotiations between Washington and Beijing Thursday over the phone.

China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issues that have stoked tensions between the world's two largest economies unresolved.

Malcolm Turnbull says that China's relatively consistent and measured approach compared to the U.S.'s erraticism will be welcomed by many countries, that it is dawning on Trump he cannot bully China,

Even the president appears to be doubting his strategy to win over Beijing, as relations fray between the trading partners.