Trump and Xi to meet after defiant China hits U.S. with new tariffs

13 Sept 11:55 Key points summarised by AI

U.S. President Trump announced a meeting with Chinese President Xi Jinping at the G20 summit next month, aiming to resolve intensifying trade disputes.
China retaliated against recent U.S. tariff hikes by imposing new, higher tariffs on $60 billion worth of U.S. goods, effective June 1.
The U.S. is preparing to potentially impose duties on an additional $300 billion in Chinese imports, further escalating the trade conflict.
The escalating trade war has significantly impacted global markets, causing sharp sell-offs in equities, a drop in the yuan, and slumping oil futures.
Trump's administration plans $15 billion in aid for U.S. farmers, a key group suffering from China's retaliatory tariffs, highlighting the domestic impact of the dispute.

Suchada: Meet the reluctant star of Thailand’s cryptic crypto drama

Yesterday 15:38 Key points summarised by AI

Thai MP Suchada Zhang Thaensap faces intense scrutiny over her husband’s substantial 1.84 billion baht wealth, with opposition lawmakers alleging connections to international scam networks.
A significant portion of her husband, Taiyang Zhang's, declared assets includes a 1.44 billion baht loan to the now-bankrupt cryptocurrency hedge fund Three Arrows Capital, which still owes him 1.34 billion baht.
Opposition MP Rangsiman Rome accused Suchada's husband of links to online scam networks and gambling sites, prompting Suchada to vehemently deny the claims, demand evidence, and file a defamation complaint.
Taiyang Zhang's background includes co-founding Ren Protocol, later sold to Alameda Research (linked to the FTX collapse), and some of his former associates have been convicted in crypto company failures.
Suchada, a former actress and first-time MP, maintains her husband's innocence, while her party leaders have distanced themselves from the allegations, deeming it a private matter.