Top US and Chinese officials are meeting in London on Monday in the hope of making further progress in easing the trade war between the world’s two largest economies.
The eyes of global financial market investors are firmly on the outcome of the discussions, given the damage already inflicted by the spat and wider US-led trade war.
The US delegation is led by Treasury secretary Scott Bessent while China‘s vice premier He Lifeng – a respected negotiator at the top of the Chinese government – will represent his country.
It is hoped the talks will build on the preliminary agreement struck in Geneva that removed the effective trade embargo between the two nations.
That deal amounted to a 90-day reduction in effective tariff rates above 100% to allow for further talks.
A phone conversation between Donald Trump and his Chinese counterpart Xi Jinping last week set the scene for Monday’s negotiations.
Mr Trump later said that Xi had agreed to resume shipments to the US of rare earths minerals and magnets.
They had been suspended by Beijing in response to Mr Trump’s tariffs and were seen as an effective tool in getting the US to talk due to the havoc it inflicted on supply chains central to many American manufacturers – the very sector the US president is trying to bolster through his “America first” agenda.
It emerged on Monday morning that Boeing had resumed shipments of planes to Chinese customers.
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Mr Trump has described the status of the negotiations as “very far advanced” but China, in its own remarks, has been more critical of the US position.
A Chinese government readout of the Trump-Xi conversation said the Chinese premier had told his US counterpart to back down from inflicting further hurt to the global economy.
The trade war to date has damaged growth widely, with official US figures showing a sharp slowdown in the first quarter of the year – before the worst of the tariff regime had even been announced.
Data out of China on Monday showed deflationary pressures had deepened as factory gate prices – an important signal on future price growth – slid further into negative territory during May as demand for goods continued to drag.
Customs data had already showed that China’s exports to the US – its biggest single market – slumped by 34.5% year-on-year during May in value terms.
White House spokeswoman Karoline Leavitt told Fox News: “We want China and the United States to continue moving forward with the agreement that was struck in Geneva.
“The administration has been monitoring China’s compliance with the deal, and we hope that this will move forward to have more comprehensive trade talks.”
A UK government spokesperson said of hosting the negotiations: “We are a nation that champions free trade and have always been clear that a trade war is in nobody’s interests, so we welcome these talks.”
The Women’s Euros begin in Switzerland today – with extreme heat warnings in place.
Security measures have had to be relaxed by UEFA for the opening matches so fans can bring in water bottles.
Temperatures could be about 30C (86F) when the Swiss hosts open their campaign against Norway in Basel this evening.
Players have already seen the impact of heatwaves this summer at the men’s Club World Cup in the US.
Image: The Spain squad pauses for refreshments during a training session. Pic: AP
It is raising new concerns in the global players’ union about whether the stars of the sport are being protected in hot and humid conditions.
FIFPRO has asked FIFA to allow cooling breaks every 15 minutes rather than just in the 30th minute of each half.
There’s also a request for half-time to be extended from 15 to 20 minutes to help lower the core temperature of players.
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FIFPRO’s medical director, Dr Vincent Gouttebarge, said: “There are some very challenging weather conditions that we anticipated a couple of weeks ago already, that was already communicated to FIFA.
“And I think the past few weeks were confirmation of all worries that the heat conditions will play a negative role for the performance and the health of the players.”
Football has seemed focused on players and fans baking in the Middle East – but scorching summers in Europe and the US are becoming increasingly problematic for sport.
Image: England are the tournament’s defending champions. Pic: AP
While climate change is a factor, the issue is not new and at the 1994 World Cup, players were steaming as temperatures rose in the US.
There is now more awareness of the need for mitigation measures among players and their international union.
FIFPRO feels football officials weren’t responsive when it asked for kick-off times to be moved from the fierce afternoon heat in the US for the first 32-team Club World Cup.
FIFA has to balance the needs of fans and broadcasters with welfare, with no desire to load all the matches in the same evening time slots.
Electric storms have also seen six games stopped, including a two-hour pause during a Chelsea game at the weekend.
This is the dress rehearsal for the World Cup next summer, which is mostly in the US.
Image: Players are also feeling the heat at the Club World Cup. Pic: AP
The use of more indoor, air conditioned stadiums should help.
There is no prospect of moving the World Cup to winter, as Qatar had to do in 2022.
And looking further ahead to this time in 2030, there will be World Cup matches in Spain, Portugal and Morocco. The temperatures this week have been hitting 40C (104F) in some host cities.
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FIFA said in a statement to Sky News: “Heat conditions are a serious topic that affect football globally.
“At the FCWC some significant and progressive measures are being taken to protect the players from the heat. For instance, cooling breaks were implemented in 31 out of 54 matches so far.
“Discussions on how to deal with heat conditions need to take place collectively and FIFA stands ready to facilitate this dialogue, including through the Task Force on Player Welfare, and to receive constructive input from all stakeholders on how to further enhance heat management.
“In all of this, the protection of players must be at the centre.”
Around 14 million people could die across the world over the next five years because of cuts to the US Agency for International Development (USAID), researchers have warned.
Children under five are expected to make up around a third (4.5 million) of the mortalities, according to a study published in The Lancet medical journal.
Estimates showed that “unless the abrupt funding cuts announced and implemented in the first half of 2025 are reversed, a staggering number of avoidable deaths could occur by 2030”.
“Beyond causing millions of avoidable deaths – particularly among the most vulnerable – these cuts risk reversing decades of progress in health and socioeconomic development in LMICs [low and middle-income countries],” the report said.
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USAID programmes have prevented the deaths of more than 91 million people, around a third of them among children, the study suggests.
The agency’s work has been linked to a 65% fall in deaths from HIV/AIDS, or 25.5 million people.
Eight million deaths from malaria, more than half the total, around 11 million from diarrheal diseases and nearly five million from tuberculosis (TB), have also been prevented.
USAID has been vital in improving global health, “especially in LMICs, particularly African nations,” according to the report.
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Established in 1961, the agency was tasked with providing humanitarian assistance and helping economic growth in developing countries, especially those deemed strategic to Washington.
But the Trump administration has made little secret of its antipathy towards the agency, which became an early victim of cuts carried out by the Department of Government Efficiency (DOGE) – formerly led by Elon Musk – in what the US government said was part of a broader plan to remove wasteful spending.
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In March, US Secretary of State Marco Rubio said more than 80% of USAID schemes had been closed following a six-week review, leaving around 1,000 active.
The US is the world’s largest humanitarian aid donor, providing around $61bn (£44bn) in foreign assistance last year, according to government data, or at least 38% of the total, and USAID is the world’s leading donor for humanitarian and development aid, the report said.
Between 2017 and 2020, the agency responded to more than 240 natural disasters and crises worldwide – and in 2016 it sent food assistance to more than 53 million people across 47 countries.
The study assessed all-age and all-cause mortality rates in 133 countries and territories, including all those classified as low and middle-income, supported by USAID from 2001 to 2021.
Thailand’s prime minister has been suspended after a leaked phone call with a senior Cambodian politician caused outrage.
An ethics investigation into Paetongtarn Shinawatra is under way and she could end up being dismissed.
The country’s constitutional court took up a petition from 36 senators, who claimed dishonesty and a breach of ethical standards, and voted 7 to 2 to suspend her.
Image: Protesters gathered in Bangkok at the weekend. Pic: Reuters
The prime minister’s call with Cambodia’s former leader, Hun Sen, sparked public protests after she tried to appease him and criticised a Thai army commander – a taboo move in a country where the military is extremely influential.
Ms Shinawatra was trying to defuse mounting tensions at the border – which in May resulted in the death of one Cambodian soldier.
Thousands of conservative, nationalist protesters held a demo in Bangkok on Saturday to urge her to step down.
Her party is clinging on to power after another group withdrew from their alliance a few weeks ago over the phone call. Calls for a no-confidence vote are likely.
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Deputy prime minister Suriya Juangroongruangkit will take over temporarily while the court looks into the case.
The 38-year-old prime minister – Thailand‘s youngest ever leader – has 15 days to respond to the probe. She has apologised and said her approach in the call was a negotiating tactic.
The popularity of her government has slumped recently, with an opinion poll showing an approval rating of 9.2%, down from 30.9% in March.
Ms Shinawatra comes from a wealthy dynasty synonymous with Thai politics.
Her father Thaksin Shinawatra – a former Manchester City owner – and aunt Yingluck Shinawatra served as prime minister before her – in the early to mid 2000s – and their time in office also ended ignominiously amid corruption charges and military coups.