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China-U.S. talks on critical issues under threat as new Trump era looms

By Greg Torode and Antoni Slodkowski HONG KONG/BEIJING (Reuters) – U.S. President-elect Donald Trump inherits a United States-China relationship reset by presidents Joe Biden and Xi Jinping over the last year to lift ties off a diplomatic nadir after COVID-19 and tension over Taiwan. Formal talks are being held on a range of critical issues, …

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Turkey hopes for lower US tariffs under Trump, lira rallies

By Ezgi Erkoyun and Nevzat Devranoglu ISTANBUL (Reuters) -Turkey expects Donald Trump’s White House will lower tariffs on its steel and textile exports, the trade minister said on Thursday, as the lira and Turkish assets continued to rally on prospects of new U.S. trade and foreign policies.  “We expect that…customs duties will be reduced in …

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U.S. farm producers brace for hit to exports to China in Trump administration

By Casey Hall, Brenda Goh and Mei Mei Chu SHANGHAI (Reuters) – U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better prepared. Several U.S growers of …

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Factbox-US farm exports to China at risk from Trump’s tariff threat

By Mei Mei Chu BEIJING (Reuters) – Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump’s first presidential term, could be hit again if tariff hostilities resume when he returns to office in January, experts say. China remains the biggest market for U.S. agriculture products despite a decline …

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Australia proposes ‘world-leading’ ban on social media for children under 16

SYDNEY (Reuters) – The Australian government will legislate for a ban on social media for children under 16, Prime Minister Anthony Albanese said on Thursday, in what it calls a world-leading package of measures that could become law late next year. Australia is trialing an age-verification system to assist in blocking children from accessing social …

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Turkey’s Erdogan, Trump discuss improving Turkey-US cooperation

ISTANBUL (Reuters) – Turkey’s President Tayyip Erdogan held a telephone call with U.S. President-elect Donald Trump late on Wednesday and discussed improving cooperation between the two countries in his new term. According to a readout from the Turkish presidency, Erdogan congratulated Trump on his election victory. (Reporting by Tuvan Gumrukcu and Ezgi Erkoyun; Editing by …

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Australia PM Albanese speaks to Trump as ambassador deletes comments after election win

By Kirsty Needham and Lewis Jackson SYDNEY (Reuters) -Australia’s Prime Minister Anthony Albanese said he had spoken with Donald Trump on Thursday after the Republican’s U.S. election win, as Australia’s U.S. ambassador deleted comments he previously made about Trump, saying they did not reflect the view of the Australian government. Albanese said he had spoken …

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Biden administration prepares for possible border crossing surge, NBC reports

WASHINGTON (Reuters) – The Biden administration is making contingency plans for a possible surge in border crossings as potential immigrants say they are concerned that President-elect Donald Trump will shut down the border, NBC News reported on Wednesday, citing two unidentified U.S. officials. The officials told NBC that while the U.S. Homeland Security Department has not …

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Venezuela’s Maduro says Trump re-election “new start”

CARACAS (Reuters) -Venezuela’s government on Wednesday congratulated Donald Trump on his victory in the U.S. presidential contest, with President Nicolas Maduro later calling Trump’s re-election “a new start” for bilateral relations. Maduro and Trump have a historically tense relationship. During his first term, Trump put in place harsher sanctions on the South American country, especially …

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German Chancellor Scholz sacks finance minister over budget dispute, sources say

BERLIN (Reuters) – German Chancellor Olaf Scholz sacked his Finance Minister Christian Lindner on Wednesday after weeks of wrangling over the future economic direction of the government, two sources told Reuters. Newspaper Bild had earlier reported that Lindner had proposed early elections as a solution to the impasse, a proposal Scholz had rejected. Scholz’s office …

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