whatsapp

Pro-Trump Senator Steve Daines Meets Chinese Premier Li Qiang with U.S. Business Executives

  • 0
  • 710
/media/globaltimesnow_CHpW6xl.com_1.webp © Image Copyrights Title

Beijing – U.S. Republican Senator Steve Daines met with Chinese Premier Li Qiang in Beijing on Sunday, accompanied by a delegation of seven top American executives. The meeting took place at the Great Hall of the People following an annual business summit attended by global industry leaders. Among the executives joining Daines were Qualcomm CEO Cristiano Amon, Pfizer CEO Albert Bourla, Cargill CEO Brian Sikes, and Boeing Global Senior Vice President Brendan Nelson. The delegation underscored the ongoing business ties between the two nations despite ongoing trade tensions.

First U.S. Political Visit Under Trump Administration

Daines' visit marks the first time a U.S. politician has traveled to China since President Donald Trump assumed office in January. The trip signals Beijing's interest in re-establishing high-level communication with Washington as it seeks to ease trade restrictions and attract foreign investment amid a slowing domestic economy.

A long-time supporter of Trump and a key member of the Senate Foreign Relations Committee, Daines played a significant role in previous U.S.-China trade negotiations. He has visited China multiple times in his capacity as senator and has professional experience in the country, having lived in Guangzhou and Hong Kong during the 1990s while working for Procter & Gamble.

Speaking at the meeting, Daines highlighted the extensive history of American businesses operating in China. “Collectively, these seven companies have over 275 years of experience doing business in China,” he stated, emphasizing their contributions to economic growth.

Trade Relations and Tariff Concerns

China has been actively engaging foreign investors to counterbalance the impact of U.S. tariffs. Premier Li’s meeting with the American delegation was particularly significant, as he opted not to hold separate discussions with other foreign CEOs attending the China Development Forum for the second consecutive year.

The visit comes at a critical time, with U.S.-China relations strained by new trade measures imposed by the Trump administration. The White House has accused Beijing of failing to curb the flow of fentanyl into the U.S., prompting additional tariffs on Chinese imports.

Looking ahead, the Biden administration’s review of China’s compliance with the “phase one” trade agreement—initially established during Trump’s first term—is set to conclude on April 1. Further tariffs on nations taxing U.S. imports, potentially including China, are expected in early April.

During the meeting, Premier Li called for a diplomatic approach to bilateral relations. “Currently, U.S.-China relations have reached an important juncture,” he said. “Our two sides need to choose dialogue over confrontation, win-win cooperation over zero-sum competition.”

High-Level Talks on Trade and Fentanyl Control

The discussions in Beijing also involved senior Chinese officials, including Commerce Minister Wang Wentao, Executive Vice Foreign Minister Ma Zhaoxu, and Zheng Shanjie, director of China’s state planning body. Anny Vu, the newly appointed chargé d’affaires at the U.S. Embassy in China, was also present.

A day before the meeting with Li, Daines held talks with Chinese Vice Premier He Lifeng, where he pressed Beijing to curb the export of fentanyl precursors. In a social media post following the meeting, Daines expressed hope that further high-level discussions between the U.S. and China would take place soon.

As trade tensions persist, the outcomes of these discussions will likely shape the trajectory of U.S.-China economic relations in the coming months.

Related Posts
© UAE Central Bank Imposes Dh370 Million in Fines on Banks, Exchange Firms, and Insurers

UAE Central Bank Imposes Dh370 Million in Fines on Banks, Exchange Firms, and Insurers

Abu Dhabi: The Central Bank of the UAE has imposed more than Dh370 million ($101 million) in fines since the start of 2025, targeting banks, money exchange firms, insurers, and a finance company in on...

  • 93
© Tapestry Shares Drop 16% as Tariffs Threaten Profits Despite Strong Sales

Tapestry Shares Drop 16% as Tariffs Threaten Profits Despite Strong Sales

Shares of Tapestry, the parent company of Coach and Kate Spade, plunged nearly 16% on Thursday after the company warned that new tariffs will significantly reduce profits in the year ahead....

  • 100
© Tencent Q2 Revenue Rises 15% on AI Investments and Gaming Growth

Tencent Q2 Revenue Rises 15% on AI Investments and Gaming Growth

SHENZHEN – Chinese technology giant Tencent reported a 15% year-on-year rise in second-quarter revenue to 184.5 billion yuan ($25.7 billion), driven by strong gaming performance and increased investm...

  • 139
© ICICI Bank Cuts Minimum Balance for New Savings Accounts After Backlash

ICICI Bank Cuts Minimum Balance for New Savings Accounts After Backlash

NEW DELHI – ICICI Bank has reduced the minimum average balance (MAB) for new savings account holders in metro and urban areas to Rs15,000, down from the Rs50,000 requirement introduced earlier this m...

  • 124
© China Advises Against Using Nvidia and AMD AI Chips, Report Says

China Advises Against Using Nvidia and AMD AI Chips, Report Says

Chinese authorities have reportedly instructed companies to avoid using Nvidia’s H20 artificial intelligence chips and similar products from Advanced Micro Devices (AMD) for government and national se...

  • 108
© YouTube Tests AI Age Verification Based on Watch History in US Trial

YouTube Tests AI Age Verification Based on Watch History in US Trial

YouTube has launched a U.S. trial of an AI-powered age verification system that estimates users’ ages based on their watch history, search activity, and interactions, rather than self-reported birthda...

  • 115
© Musk Threatens Legal Action Against Apple Over Alleged Antitrust Violations

Musk Threatens Legal Action Against Apple Over Alleged Antitrust Violations

San Francisco – Elon Musk has threatened to take “immediate” legal action against Apple over claims that the tech giant is unfairly favoring OpenAI in its App Store rankings....

  • 95
© Vietnam’s Vuong Shifts VinFast Focus to Asia Amid Heavy Losses

Vietnam’s Vuong Shifts VinFast Focus to Asia Amid Heavy Losses

Hanoi – Vietnam’s richest man, Pham Nhat Vuong, is redirecting electric vehicle maker VinFast Auto Ltd. towards Asian markets such as India, Indonesia, and the Philippines, after costly attempts to br...

  • 133
© Nvidia Denies Chinese Claims That H20 AI Chips Pose Security Threat

Nvidia Denies Chinese Claims That H20 AI Chips Pose Security Threat

Nvidia has rejected allegations from Chinese state media that its H20 artificial intelligence chips contain security vulnerabilities, including a so-called hardware “backdoor” capable of remotely shut...

  • 132
© Poland’s $32.5B CPK Mega Airport Secures Design Approval, Eyes Dubai-Scale Growth

Poland’s $32.5B CPK Mega Airport Secures Design Approval, Eyes Dubai-Scale Growth

Poland’s ambitious Centralny Port Komunikacyjny (CPK) mega airport project has cleared a major milestone with official approval of its passenger terminal design, setting the stage for construction to ...

  • 136
Commnets 0
Leave A Comment