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Yellen’s China trip yields long meetings, but does not reach consensus

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U.S. Treasury Secretary Janet Yellen has concluded her four-day visit to Beijing, describing her meetings with senior Chinese officials as “direct” and “productive”

 
Despite the existing disagreements between the United States and China on various issues such as national security concerns, export bans, and industrial policies, Yellen expressed confidence that her trip has helped stabilise the often turbulent relationship between the two superpowers.

The visit comes as the United States seeks to mend ties with China, considering the strained bilateral relations over recent years.

“The U.S. and China have significant disagreements,” Yellen told a press conference at the U.S. embassy in Beijing, citing Washington’s concerns about what she called “unfair economic practices” and recent punitive actions against U.S. firms.

“But President (Joe) Biden and I do not see the relationship between the U.S. and China through the frame of great power conflict. We believe that the world is big enough for both of our countries to thrive.”

The Biden administration hopes to arrange a meeting between President Joe Biden and Chinese President Xi Jinping, possibly at the upcoming Group of 20 summit in New Delhi or the Asia-Pacific Economic Cooperation gathering in San Francisco scheduled for November.

Yellen’s primary objective during her visit was to establish stronger ties with China’s new economic team, minimise the risk of misunderstandings, and facilitate cooperation in areas such as climate change and debt distress.

While the trip did not yield specific policy breakthroughs, a senior Treasury official described it as “very successful” in terms of re-establishing contact and building relationships.

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Donald Trump wins the 2024 Election by a landslide

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Donald Trump pulled off one of the great comebacks in American political history with his landslide win in the 2024 Presidential Election.

After clinching both the electoral college and the popular vote–the President-elect addressed his supporters across the nation vowing he will lead the “golden age of America” after launching the “greatest political movement of all time.”

Keith Nahigian, the President of Nahigian Strategies joins Veronica Dudo to discuss the outcome of the race.

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Donald Trump secures historic comeback victory

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President-elect Trump promises a “golden age of America” as Vice President Harris calls for unity.

In a sweeping victory, Donald Trump has reclaimed the White House in the 2024 presidential election, securing both the popular vote and a decisive electoral college win.

Addressing his supporters, President-elect Trump declared the beginning of a “golden age of America” and celebrated what he described as “the greatest political movement of all time.”

His victory marks one of the most significant comebacks in recent U.S. political history.

Vice President Kamala Harris reached out to Trump on Wednesday to formally congratulate him, emphasizing the importance of a peaceful transition of power.

Harris stressed the need for unity and the significance of serving as a leader for all Americans, a message that aligns with the high voter turnout seen this year, with up to 150 million Americans participating in the democratic process.

Next steps in the formal transition include the electoral college vote on December 17, where electors will cast their ballots in favor of Trump and vice president-elect J.D. Vance.

These votes will be officially counted on January 6, 2025, in the House of Representatives, setting the stage for the Trump-Vance administration to take office on January 20.

As the country looks ahead, Trump’s supporters are hopeful his return will usher in a new era for the nation.

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Trump expected to shift antitrust policy, stop Google breakup

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Will Trump’s changes reshape Big Tech’s future?

Donald Trump is expected to ease Biden’s antitrust policies, including a potential halt to breaking up Google. While cases against Big Tech will continue, Trump’s recent remarks suggest he favours a fairer approach rather than splitting Google over its search dominance.

The DOJ is pursuing two major cases against Google, with potential remedies delayed until 2025. This gives Trump time to influence the outcome. Experts predict Trump may roll back stricter merger rules and other business restrictions from the Biden era.

Changes to FTC leadership could further shift policy in Trump’s favour.

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