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Isolated Kim takes big gamble leaving home for Trump summit

Spare a moment, as you anticipate one of the most unusual summits in modern history, to consider North Korea’s leader as he left the all-encompassing bubble of his locked-down stronghold of Pyongyang on Sunday and stepped off a jet onto Singapore soil for his planned sit-down with President Donald Trump on Tuesday. There’s just no recent precedent for the gamble Kim Jong Un is taking. While Singapore has authoritarian leanings, it is still a thriving bastion of capitalism and wealth, and Kim will be performing his high-stakes diplomatic tight-rope walk in front of 3,000 international journalists, including a …read more […]

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China's Xi calls out 'selfish, short-sighted' trade policies

Chinese President Xi Jinping, whose country is locked in a high-stakes trade dispute with the United States, on Sunday said China rejects “selfish, shortsighted” trade policies, and called for building an open global economy. Xi did not mention the United States during a speech at a summit meeting of the Shanghai Cooperation Organisation (SCO), a regional security bloc led by China and Russia. “We reject selfish, shortsighted, closed, narrow policies, (we) uphold World Trade Organisation rules, support a multi-lateral trade system, and building an open world economy,” Xi said in a speech in the port city of Qingdao. …read more […]

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Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

U.S. President Donald Trump on Saturday threw the G7’s efforts to show a united front into disarray after he became angry with Canadian Prime Minister Justin Trudeau, and said he might double down on import tariffs by hitting the sensitive auto industry. Trump’s bombshell announcement that he was backing out of the Group of Seven communique, made after he left the summit in Canada early, torpedoed what appeared to be a fragile consensus on the trade dispute between Washington and its top allies. …read more […]