International

The Chinese president tells the United States that he has to be “faithful” to his word to solve the “problems to be solved”

Chinese President Xi Jinping has told the US Secretary of State Antony Blinken that the United States must “be faithful to its word” in order to solve the “problems still to be solved” in the bilateral relationship.

“China and the United States have gone through ups and downs but we must respect each other, cooperate and coexist. We must be partners and not harm each other, and for that we have to look for common ground, be faithful to the words and determined with the facts,” Xi said during the meeting.

According to a statement from the Chinese Foreign Ministry, Xi also warned that “you can’t say one thing and then do another,” after which he acknowledged that, “despite the consensus and progress made” in recent months there are still “many problems to solve and room to make an effort.”

“This year we celebrate the 45th anniversary of the establishment of diplomatic relations. The important thing we have learned in this time is that we must be partners, not rivals. That we must achieve a mutual benefit instead of harming each other. The important thing is to look for the common points and put aside the differences,” Xi said during the meeting.

The Chinese president received Blinken this Friday in Beijing for an interview that was not part of the agenda of the official visit made to China by the American diplomat.

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This is the second time Xi has received Blinken in Beijing, given that the Chinese president already met the American on his last visit to the Chinese capital in June 2023.

Before his meeting with Xi, Blinken also met today in Beijing with his Chinese counterpart, Wang Yi, who warned him of “growing problems” in bilateral relations, after the U.S. Senate approved a bill that will force the Chinese company ByteDance to sell the popular TikTok video application if he does not want the platform to be banned in the United States.

ByteDance, the parent company of the platform, has made it clear today that it has no intention of selling the application despite US legislation.

Earlier this week, TikTok – which, like Western services such as Google, Facebook, X or Instagram, is blocked in China, where ByteDance operates a similar application called Douyin – already anticipated that it would challenge the new US law, which it considers “unconstitutional” in court.

U.S. legislators justify their decision by arguing that the platform poses a threat to the national security of the United States due to the possibility that the Chinese government will access user data.

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In March, China criticized the “repression” against the application by the United States for being “an intimidating tactic” that will eventually “turn against” the North American country.

International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.