Elite Gathering - Richer and Richer
At the US-Africa economic summit, stakeholders from both sides meet to discuss future business. Africa's political elite is represented in large numbers. Interest in the US is not as strong.
More than 20 foreign ministers from Latin America and the Caribbean have converged on Berlin, albeit without Venezuelan representation. Germany is trying to revitalize lagging diplomatic and trade ties with the region.
Beijing has blamed the US for the ongoing trade dispute and said it will not compromise on "major issues of principle." Washington plans to impose more tariffs on Chinese goods after recently increasing duties on them.
As China looks for ways to retaliate against the US amid an escalating trade row between the two giants, speculation is rife that Beijing could slash the export of rare earth metals as a counterstrike to US tariffs.
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