China is positioned to attract global talent as Trump’s policies weaken American competitiveness, some lawmakers say.

Democrats on the Senate Foreign Relations Committee accused the Trump administration of “ceding global leadership to China,” citing the trade war and a retreat from international engagement through cuts to foreign aid and media agencies.

America’s retreat from the world will have real and lasting consequences for the American people,” the report says. "And a retreat from the system that we helped build foll

PITTSBURGH, Pennsylvania (Reuters) -U.S. President Donald Trump on Tuesday lauded a new trade deal signed with Indonesia and said the United States would be fighting China "in a very friendly fashion." Trump told an energy summit at Carnegie Mellon University that other trade deals could be reached, including potentially with India.

Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.

A surge of exports from Chinese manufacturers supported the growth, as customers and producers alike took advantage of the U.S.-China trade war ceasefire.

Russia’s crude exports hit a one-month high, driven by a surge in weekly flows that coincided with a sharp drop in refinery runs. The increase came before President Donald Trump’s threat of secondary tariffs on buyers of Russian oil if Moscow fails to make a swift peace with Ukraine.