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The men held their first call since the US president imposed tariffs on UK goods earlier this month.
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News and Media
Jerome Powell is openly challenging President Trump's economic policies and defending the Federal Reserve's independence. Powell criticized tariffs as harmful to the economy and asserted the Fed would not bow to political pressure. Trump swiftly responded, reiterating his desire to replace Powell, highlighting the ongoing tension over monetary policy and the Fed's autonomy.
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News and Media
China is leveraging its vast domestic market to aid companies grappling with trade tensions with the US, as stated by the Commerce Ministry. E-commerce giants like Alibaba and Tencent are launching initiatives to boost domestic sales for exporters.
Category:
News and Media
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