The China Mail - Trump orders nuclear testing resumption ahead of Xi talks

USD -
AED 3.6725
AFN 65.508796
ALL 81.051571
AMD 375.859332
ANG 1.79008
AOA 916.505413
ARS 1416.494101
AUD 1.41313
AWG 1.8
AZN 1.691543
BAM 1.642701
BBD 2.007895
BDT 121.837729
BGN 1.67937
BHD 0.377013
BIF 2949.857215
BMD 1
BND 1.265076
BOB 6.903242
BRL 5.194299
BSD 0.996892
BTN 90.375901
BWP 13.137914
BYN 2.873173
BYR 19600
BZD 2.004955
CAD 1.356235
CDF 2214.999919
CHF 0.766035
CLF 0.021602
CLP 852.979771
CNY 6.922498
CNH 6.908365
COP 3673.08
CRC 494.204603
CUC 1
CUP 26.5
CVE 92.612579
CZK 20.342299
DJF 177.523938
DKK 6.270525
DOP 62.758273
DZD 129.480026
EGP 46.849697
ERN 15
ETB 155.496052
EUR 0.839329
FJD 2.1921
FKP 0.735168
GBP 0.73103
GEL 2.690241
GGP 0.735168
GHS 10.970939
GIP 0.735168
GMD 73.49739
GNF 8751.926558
GTQ 7.647373
GYD 208.567109
HKD 7.818049
HNL 26.333781
HRK 6.3261
HTG 130.732404
HUF 316.416502
IDR 16804
ILS 3.085875
IMP 0.735168
INR 90.544028
IQD 1305.980178
IRR 42125.000158
ISK 121.701994
JEP 0.735168
JMD 155.929783
JOD 0.708952
JPY 155.376497
KES 128.999835
KGS 87.449954
KHR 4020.661851
KMF 414.000308
KPW 899.993603
KRW 1459.370121
KWD 0.307109
KYD 0.830758
KZT 492.323198
LAK 21424.491853
LBP 89570.078396
LKR 308.550311
LRD 185.426737
LSL 15.97833
LTL 2.95274
LVL 0.604889
LYD 6.302705
MAD 9.117504
MDL 16.932639
MGA 4376.784814
MKD 51.761634
MMK 2099.674626
MNT 3566.287566
MOP 8.025869
MRU 39.586763
MUR 45.679874
MVR 15.46034
MWK 1728.624223
MXN 17.182865
MYR 3.925033
MZN 63.759909
NAD 15.97833
NGN 1355.040088
NIO 36.687385
NOK 9.533704
NPR 144.601881
NZD 1.65378
OMR 0.384503
PAB 0.996892
PEN 3.348144
PGK 4.337309
PHP 58.558013
PKR 278.761885
PLN 3.536165
PYG 6573.156392
QAR 3.634035
RON 4.2734
RSD 98.5397
RUB 77.146466
RWF 1455.48463
SAR 3.750198
SBD 8.054878
SCR 13.837027
SDG 601.476319
SEK 8.93029
SGD 1.265285
SHP 0.750259
SLE 24.525013
SLL 20969.499267
SOS 568.704855
SRD 37.971501
STD 20697.981008
STN 20.57786
SVC 8.723333
SYP 11059.574895
SZL 15.970939
THB 31.134027
TJS 9.336094
TMT 3.5
TND 2.879712
TOP 2.40776
TRY 43.624598
TTD 6.753738
TWD 31.560301
TZS 2576.096982
UAH 42.973963
UGX 3548.630942
UYU 38.224264
UZS 12265.141398
VES 384.79041
VND 25886
VUV 119.675943
WST 2.73072
XAF 550.946582
XAG 0.012087
XAU 0.000198
XCD 2.70255
XCG 1.796657
XDR 0.685201
XOF 550.946582
XPF 100.167141
YER 238.350266
ZAR 15.89869
ZMK 9001.188272
ZMW 18.8468
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    0.0750

    23.585

    +0.32%

  • CMSD

    0.0200

    23.97

    +0.08%

  • GSK

    -1.2200

    59.01

    -2.07%

  • RYCEF

    0.5300

    17.41

    +3.04%

  • AZN

    -5.0200

    188.01

    -2.67%

  • RIO

    3.4400

    96.85

    +3.55%

  • BCE

    0.5400

    25.62

    +2.11%

  • NGG

    0.3300

    88.39

    +0.37%

  • VOD

    0.3700

    15.48

    +2.39%

  • RELX

    0.1000

    29.48

    +0.34%

  • BCC

    -2.0100

    89.02

    -2.26%

  • JRI

    -0.1600

    12.81

    -1.25%

  • BP

    0.2100

    39.22

    +0.54%

  • BTI

    -1.6500

    61.15

    -2.7%

Trump orders nuclear testing resumption ahead of Xi talks
Trump orders nuclear testing resumption ahead of Xi talks / Photo: © AFP

Trump orders nuclear testing resumption ahead of Xi talks

President Donald Trump announced Thursday the resumption of US nuclear weapons testing, minutes ahead of his first face-to-face meeting with Chinese leader Xi Jinping in six years on easing their trade war.

Text size:

The move comes a day after Russian President Vladimir Putin said Moscow had successfully tested a nuclear-capable, nuclear-powered underwater drone, in defiance of Washington's warnings.

"Because of other countries testing programs, I have instructed the Department of War to start testing our Nuclear Weapons on an equal basis," Trump wrote on Truth Social en route to his talks with Xi in Busan, South Korea.

Trump added that in terms of nuclear weapons stockpiles, China was a "distant third" behind the United States and Russia "but will be even in 5 years."

The US leader's latest missive broadened the stakes for his talks with Xi.

The world's two top economies' trade tussle -- encompassing everything from rare earths to soybeans and port fees -- has rocked markets and gummed up supply chains for months.

Following productive preparatory talks by top officials, Trump said on Wednesday on his way to South Korea that "a lot of problems are going to be solved" in a "great meeting".

"We have been talking to them, we're not just walking into the meeting cold... I think we're going to have a very good outcome for our country and for the world, actually," he said.

China's foreign ministry was more cautious, saying that Xi and Trump would have "in-depth" talks on "major issues".

"We are willing to work together with the US side to ensure that this meeting yields positive outcomes, provides new guidance and injects new momentum into the stable development of China-US relations," ministry spokesman Guo Jiakun said.

Trump indicated that the agreement would include lowering 20 percent tariffs on Chinese goods related to fentanyl, which has killed tens of thousands of Americans.

Of particular importance to Trump -- with an eye on US farmers -- is whether China will resume purchases of American soybeans.

US Treasury Secretary Scott Bessent said after the run-up talks in Malaysia that Beijing had agreed to "substantial" purchases.

Another major issue is export controls on rare earths announced by Beijing this month that prompted Trump to call the Xi summit into question.

Beijing holds a virtual monopoly on these materials, which are essential for sophisticated electronic components across a range of industries.

"There are still many unresolved issues between the two countries, given the complexity and sheer volume of their trade ties," said Yue Su at The Economist Intelligence Unit.

"The easiest wins could include removing port fees for ships or lifting some fentanyl-related tariffs, which fall fully under presidential authority. China, in turn, could agree to purchase more US commodities to show goodwill," Su told AFP.

- Crowning achievement -

The meeting is taking place on the sidelines of an Asia-Pacific Economic Cooperation (APEC) summit of 21 countries in Gyeongju including the leaders of Japan, Australia and Canada.

It is the final stop on an Asia tour that saw Trump showered with praise and gifts, including a replica of an ancient Korean golden crown.

In Japan, new Prime Minister Sanae Takaichi said she would nominate Trump for the Nobel Peace Prize and gave him a putter and a gold-plated golf ball.

However, Trump's hopes of a re-run of his 2019 meeting with North Korean leader Kim Jong Un at the Demilitarized Zone frontier appear to have dashed.

Trump said though that they would meet in the "not too distant future" and that he would like to "straighten out" tensions between North and South Korea.

On Thursday, he hailed the military alliance with South Korea as "stronger than ever" and said he had given the green-light for Seoul to build a nuclear powered submarine.

- Taiwan surprise -

Even if Xi and Trump come to an agreement, it will not bring a halt to their nations' fierce economic, technological and strategic rivalry.

But the Republican leader will be able to flaunt his skills as a negotiator at a time when US households are growing impatient with persistent inflation.

A reconciliation in South Korea would also offer Trump the prospect of a lavish visit to China, similar to the one he made during his first term in 2017.

One surprise could be if Xi brings up Taiwan, with speculation that Beijing might press Trump to water down US backing for the self-ruled island.

Since 1979, Washington has recognised Beijing over Taipei as the sole legitimate Chinese power, even though the United States remains Taiwan's most powerful ally and its main arms supplier.

burs-stu/hmn

K.Lam--ThChM