Trump's trade threats and China's economic rise prompt global economic shifts

A series of trade and technology moves are reshaping global economic relationships. Trump has paused some technology bans on China ahead of a potential summit with Xi Jinping, while also threatening a 'very substantial' response if Canada enacts a trade deal with China. At the same time, the U.S. is pushing to curb China's access to advanced chipmaking tools.

European leaders, like France's Emmanuel Macron, are urging the EU to reduce its economic dependence on both the U.S. and China, warning of 'extremely strong' competition. Meanwhile, Chinese companies are advancing, with BYD surpassing Ford in global car sales and filing a lawsuit against Trump's U.S. auto tariffs. Other countries, like South Africa, are seeking new trade deals with China in response to high U.S. tariffs.