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Nancy Pelosi meets with Taiwanese President

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U.S. Speaker of the House Nancy Pelosi meets with Taiwanese President Tsai Ing-wen

U.S. Speaker of the House Nancy Pelosi’s meets with Taiwanese President Tsai Ing-web as tensions with China soar.

Pelosi’s visit to Taiwan has created a storm of controversy, and captivated the world’s attention.

The third highest-ranking American official is leading a Congressional delegation on a tour of the Indo-Pacific.

Pelosi has scheduled stops in Singapore, Malaysia, South Korea and Japan.

But it’s the unannounced visit to Taiwan— the independently governed Island—that’s stealing the spotlight.

Word of Pelosi’s trip did not sit well with China, as Beijing views Taiwan as part of its territory.

China considers any trip by a high-ranking American official as confirmation of U.S. support for the Island’s independence.

The U.S. does not have official relations with Taiwan — also known as the Republic of China — and maintains a One China Policy.

This policy recognises the People’s Republic of China as the legitimate successor nation.

However, America has been stepping up engagement with the Island as China seeks to isolate it from global institutions.

Shortly after Pelosi touched down, the Taiwan Bureau of Foreign Trade confirmed China  suspended imports from Taiwanese companies. 

The companies produce pastries, baked goods and sweets and the suspension appears to be a retaliatory policy meant to put pressure on the island.

The Chinese military posted a propaganda video of its troops launching missiles, grabbing weapons, and taking off in fighter jets ahead of the Speaker’s visit to the region.

Back in Washington, the Pentagon’s John Kirby said Pelosi’s visit to Taiwan doesn’t violate any sovereignty issues.

Veronica Dudo is the U.S. Correspondent for Ticker News covering America’s biggest headlines. As an Emmy® Award nominated global journalist, Veronica has traveled across the country and around the world reporting on historical events that connect all citizens. Lauded as an award-winning international journalist, Veronica has executed stellar news coverage for NBC News, CBS News, The Hill, ME-TV Network and AOL. Her stories have highlighted a plethora of topics ranging from breaking news and politics to economic affairs across the USA, European Union, and Asia; cultural affairs; globalization; governance; education; and sustainability.

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Gold plunges 5% in biggest drop since 2013

Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.

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Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.


Gold prices have crashed over 5% in a single day, sparking concerns across global markets and sending investors scrambling.

Chris Weston from Pepperstone breaks down the causes and implications.

#Gold #Markets #Investing #Commodities #GoldCrash #PreciousMetals #ASX #GlobalMarkets #Finance #Trading


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Trump and Xi set for high-stakes APEC showdown

Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.

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Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.


President Trump and President Xi Jinping will meet for the first time in six years at the APEC summit, aiming to ease trade tensions and revive dialogue amid tariff threats.

#Trump #XiJinping #APEC #Trade #China #USPolitics #Economy #Tariffs #AsiaPacific #GlobalSummit


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Trump to meet Xi at APEC amid trade tensions

Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom

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Trump to meet Xi at APEC summit as trade tensions escalate and tariffs loom

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In Short:
– Trump will meet Xi Jinping at the APEC summit in South Korea later this month amid trade tensions.
– China has reshuffled its trade team, appointing Li Yongjie as the new WTO representative.
President Donald Trump confirmed he will meet Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation summit later this month in South Korea.
It marks their first face-to-face encounter in six years amid ongoing trade tensions.Trump expressed hope about achieving a “fantastic deal,” despite escalating disputes. He is prepared to impose significant tariffs on Chinese imports if no agreement is reached. Current U.S. tariffs on Chinese goods average 55%, with a potential increase to 155% looming.

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Trump mentioned that he believes an excellent trade deal would benefit the U.S., China and the global economy. He acknowledged the importance of the negotiations, stating that China respects the U.S. but is always seeking advantages in trade.

China’s Trade Reshuffle

China has reshuffled its trade negotiation team. Li Chenggang has been removed from his position as the representative to the World Trade Organization, while retaining his role as vice minister of commerce. This change aligns with Beijing’s strategy to adjust its trade diplomacy amid tensions.

Li Yongjie has been appointed as the new WTO representative. This team transition comes after scrutiny from U.S. officials and reflects China’s commitment to recalibrating its approach within the ongoing trade discussions.

The upcoming APEC summit will gather leaders from 21 economies, representing a significant portion of global GDP. It serves as a pivotal platform for dialogue, despite the backdrop of intensified trade negotiations.


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