Trump heads into a week of diplomacy, hampered by a lack of allies
At the United Nations on Tuesday and in meetings with China's Xi Jinping on Thursday, the president will largely stand alone.
- critical toward Donald Trump · 97%
At the United Nations on Tuesday and in meetings with China's Xi Jinping on Thursday, the president will largely stand alone.

US and Chinese delegations held "succesful" and "constructive" talks in New York on Sunday on Artificial Intelligence and trade, ahead of Chinese President Xi Jinping's visit to Washington later this week. The two countries discussed setting up a dialogue mechanism as fears over AI security keep rising, and prepared to ease trade tensions as a truce deal is set to expire in November. Also in this edition, France and Canada seek to deepen ties on critical minerals and energy.

Talks between officials in New York come ahead of summit between Donald Trump and Xi Jinping later in the week Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Stock markets in Asia have risen led by technology shares, lifted by optimism around talks between the US and China on trade and artificial intelligence, while oil prices declined. 2030 is not going to be the end of the world. There is 0% chance that’s going to be the end of the world. Scaring people is unnecessary. It is irresponsible. Scott Bessent and Chinese vice premier He Lifeng have already laid the groundwork [for the Trump-Xi meeting] in New York, with trade, investment and artificial intelligence on the table, but this is not a market waiting for a grand bargain. It is waiting to see whether both sides can keep the next trade grenade in the drawer. 9.30am BST: UK S&P Global Consumer sentiment index 1.30pm BST: US Chicago Fed National Activity Index for August 2.10pm BST: IMF managing director Kristalina Georgieva speaks at the IMF Legal Department 80th anniversary conference in Washington Continue reading...

President Trump announces the creation of an 'AI Force' as the technology looks set to be a key topic with Chinese President Xi Jinping this week.

From Fed speakers to PMI Data and, of course, the major meeting between Donald Trump and Xi Jinping.
President Donald Trump and Chinese leader Xi Jinping are expected to discuss AI safety and trade at their summit in Washington this week.
Reviving US-China LNG trade could reshape global energy markets, influence geopolitical alliances, and impact long-term energy strategies.
The event highlights AI's pivotal role in US-China relations, emphasizing tech diplomacy's growing influence on global economic strategies.

The summit could redefine global AI standards, impacting tech regulations and market dynamics, while influencing US-China economic relations.

Apocalyptic warnings about the danger of uncontrolled artificial intelligence are adding new urgency to talks between President Trump and Chinese President Xi Jinping set for next week. Trump has dismissed AI’s existential threats as a “hoax” — a view that analysts say aligns with China’s general perspective. Intense competition for primacy and mutual distrust have…

Unable to change Chinese behavior, Trump has resorted to hospitality.

Rafael Moreno, whose company has opened demo plant in Brazil, says market is ‘nervous’ as Trump-Xi summit looms The head of a mining company hoping to supply the EU with rare earths in two years’ time has said it is “paramount” to end China’s stranglehold on the supply of the raw materials used in everything from cars to wind turbines and military jets. As Donald Trump and China’s president, Xi Jinping, prepare to meet on Thursday in their second summit of the year, Rafael Moreno said it was also “imperative” that they do a deal for Beijing to ease up, once again, on its threat to ban exports of rare earths. Continue reading...

As Xi Jinping arrives in the United States this week for a state visit, China’s advances in artificial intelligence will be in the air. Less discussed: China’s economy in its worst shape in decades.

The high-profile dinner may signal a thaw in U.S.-China relations, potentially boosting market confidence and diplomatic engagements.

He Lifeng's U.S. visit may enhance diplomatic ties, potentially setting the stage for Xi Jinping's future engagement and impacting global markets.

President Trump has gotten no love back yet from Kim Jong-un. He could turn to Xi Jinping, China’s leader, to help set up a summit when Mr. Xi visits Washington next week.

Washington and Beijing are finalising a group of Chinese business leaders to join President Xi Jinping's upcoming visit to Washington, three sources familiar with the matter said.

A spate of warnings in recent days about the dangers of AI have sparked mixed reactions: from Donald Trump dismissing the fears as a hoax, to Beijing criticising calls for the US to block its advancement as fearmongering. As President Xi Jinping heads to Washington for talks, FRANCE 24's technology correspondent Peter O'Brien explains why the two superpowers are unlikely to forge binding agreements on AI regulation.

Chinese President Xi Jinping is expected to hold talks with US President Donald Trump in Washington next week, with an expiring trade truce, tens of billions in tariff relief and AI all on the table as both economies need the relationship to hold.
Xi's delegation could reshape US-China economic ties, potentially easing tariffs and fostering investment, impacting global markets and supply chains.