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Is the U.S. desperately trying to make China happier after trips to Taiwan?

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Another big-name U.S. official is heading to China. First, it was Secretary of State Antony Blinken a few weeks ago, now Treasury Secretary Janet Yellen will be making the trip

 
U.S. Treasury Secretary Janet Yellen will be visiting Beijing from July 6-9 to meet with senior Chinese officials on a range of issues, including U.S. concerns over China’s counterespionage laws.

Her’s is the second trip of a high-ranking U.S. official in a matter of weeks, following Secretary of State Antony Blinken’s trip just weeks ago.

These two trips stand in contrast to the recent diplomatic norm where U.S. officials would be more likely to visit Taiwan, the self-proclaimed independent nation state off the coast of China.

Speaker of the house Kevin McCarthy visited the territory earlier this year, and his predecessor Nancy Pelosi did so in 2022.

Both visits brought strong condemnation from the Chinese government, and Blinken and Yellen’s trips may reflect a change in tactic by Washington to ease tensions between the two countries.

Tensions which have only grown in recent years, in no small part due to China’s stance on Taiwan, which China rejects its claims of independence, regarding it as a rebellious part of the larger country.

Business leaders such as Bill Gates and Elon Musk have also begun making the trip to China as well in recent months.

Bruce Wolpe of the U.S. Studies Centre said Yellen’s trip was part of President Biden’s push to stabilise relations between the two countries as he would not want to inadvertently escalate into a military conflict through poor communication.

He also said it would be a good opportunity for Yellen to gauge the strength of China’s economy, which has slowed ever since battling to contain the Covid-19 pandemic.

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Airlines face disruptions that surpass previous Middle East conflicts

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What’s happening in the Middle East?

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Oil prices surge amid rising Middle East conflict risks

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

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Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.

The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.

JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.

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Trump warns of last opportunity to hit Iran as conflict escalates

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

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Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.

The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.

Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.

#Trump #Iran #MiddleEast

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