WASHINGTON: President Donald Trump said Sunday the United States wants to help China, not hurt it, striking a conciliatory tone days after threatening an additional 100 percent tariff on the world&#39;s second-largest economy.&nbsp;Trump&#39;s statements on Friday as well as his threat to cancel a meeting with Xi later this month sent Wall Street stocks tumbling into negative territory as traders worried the trade war between Washington and Beijing could reignite.&nbsp;&quot;The USA wants to help China, not hurt it!!!&quot; Trump said in Sunday&#39;s post on Truth Social, adding that &quot;respected President Xi (Jinping)doesn&#39;t want Depression for his country.&quot;&nbsp;Trump on Friday said that he would impose the extra levies from November 1 in response to what he called &quot;extraordinarily aggressive&quot; new Chinese export curbs on the rare-earths industry.&nbsp;Beijing, in turn, accused Washington of acting unfairly, with its Ministry of Commerce on Sunday calling Trump&#39;s tariff threat a &quot;typical example of &#39;double standards.&#39;&quot;&nbsp;The ministry said Washington had ratcheted up economic measures against Beijing since September.&nbsp;&quot;Threatening high tariffs at every turn is not the right approach to engaging with China,&quot; it said in an online statement.&nbsp;Chinese goods currently face US tariffs of 30 percent under levies that Trump imposed while accusing Beijing of aiding in the fentanyl trade as well as unfair trade practices.&nbsp;China&#39;s retaliatory tariffs are currently at 10 percent.&nbsp;Rare earths have been a major sticking point in recent trade negotiations between the two superpowers.&nbsp;They are critical to manufacturing everything from smartphones and electric vehicles to military hardware and renewable energy technology but produced and processed almost exclusively by China.

China

Americas

President Trump stated that the US wants to help China, not harm it, following earlier threats of higher tariffs over rare-earth exports. China criticized the tariff threat as unfair, amid ongoing trade tensions affecting global markets.


Trump says US wants to help China, not hurt it'

WASHINGTON: The United States issued nearly one-fifth fewer student visas in August, following a crackdown by President Donald Trump, led by a steep drop for India, which overtook China as the top country of origin, data showed on Monday.&nbsp;The United States issued 313,138 student visas in August, the most common start month for US universities, a 19.1% drop from the same month in 2023, according to the International Trade Commission.&nbsp;India, which was the top source of foreign students in the United States last year, experienced the most significant decline, with 44.5% fewer student visas issued compared to the previous year.&nbsp;Visa issuance also dropped for Chinese students, but not nearly at the same rate.&nbsp; The United States issued 86,647 visas to students from mainland China in August, more than double the number issued to students from India.&nbsp;The statistics do not reflect the overall numbers of US-based students, many of whom remain on previously issued visas.&nbsp;Trump has put a top priority since returning to the White House, both on curbing immigration and on weakening universities, which his administration sees as a key power base of the left.&nbsp;Secretary of State Marco Rubio briefly suspended the processing of student visas in June, a peak month, as he issued orders requiring US embassies to vet applicants&#39; social media.&nbsp;In rules that affect Indians in particular, the Trump administration has made it more difficult for applicants to apply for visas outside the jurisdiction of US consulates in their home countries, even when there are backlogs.&nbsp;Trump has taken a series of actions at odds with India, which for decades had been courted by US policymakers of both parties, who saw the billion-plus nation as a natural counterweight to China.&nbsp;Trump has also imposed a hefty new fee on H-1B visas, which are mainly used by Indian technology workers.&nbsp;Trump, however, has voiced hope for ramping up the number of Chinese students to boost relations between the two powers, a sharp contrast to earlier messaging from Rubio, who had vowed to &quot;aggressively&quot; revoke visas from Chinese students he accuses of exploiting US technical know-how.

Asia

US student visas fell 19% in August. India saw the biggest drop, while China became the top source. New rules made it harder for Indians, but more Chinese students are being encouraged.

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Trump says US wants to help China, not hurt it'

Indians lead drop in US university visas

Trump says US wants to help China, not hurt it'