The Fort Worth Press - Rubio meets China's Wang on sidelines of ASEAN talks

USD -
AED 3.672495
AFN 63.501471
ALL 83.072963
AMD 375.623475
ANG 1.790083
AOA 917.00026
ARS 1390.220498
AUD 1.447534
AWG 1.8
AZN 1.70702
BAM 1.695072
BBD 2.009612
BDT 122.428639
BGN 1.709309
BHD 0.377609
BIF 2964.709145
BMD 1
BND 1.2851
BOB 6.894519
BRL 5.157597
BSD 0.997742
BTN 92.939509
BWP 13.688562
BYN 2.956504
BYR 19600
BZD 2.006665
CAD 1.39245
CDF 2296.000206
CHF 0.798503
CLF 0.023224
CLP 917.000289
CNY 6.885601
CNH 6.883785
COP 3662.46
CRC 464.279833
CUC 1
CUP 26.5
CVE 95.56558
CZK 21.243197
DJF 177.673004
DKK 6.47623
DOP 60.312178
DZD 133.062353
EGP 54.2572
ERN 15
ETB 155.800822
EUR 0.866597
FJD 2.253795
FKP 0.750158
GBP 0.755625
GEL 2.685051
GGP 0.750158
GHS 10.970563
GIP 0.750158
GMD 74.000249
GNF 8752.513347
GTQ 7.632939
GYD 208.828972
HKD 7.83835
HNL 26.504427
HRK 6.530905
HTG 130.952897
HUF 333.138986
IDR 16998
ILS 3.136798
IMP 0.750158
INR 92.598303
IQD 1307.141959
IRR 1319125.000189
ISK 125.149716
JEP 0.750158
JMD 157.303566
JOD 0.708984
JPY 159.617504
KES 129.794813
KGS 87.448802
KHR 3990.137323
KMF 426.999768
KPW 899.994443
KRW 1507.020477
KWD 0.30934
KYD 0.831502
KZT 472.805432
LAK 21970.392969
LBP 89502.03926
LKR 314.804623
LRD 183.088277
LSL 16.955078
LTL 2.95274
LVL 0.60489
LYD 6.380628
MAD 9.374033
MDL 17.55613
MGA 4171.343141
MKD 53.422776
MMK 2099.621061
MNT 3572.314592
MOP 8.055104
MRU 39.637211
MUR 46.940105
MVR 15.460021
MWK 1730.071718
MXN 17.856596
MYR 4.033014
MZN 63.950312
NAD 16.954711
NGN 1378.25967
NIO 36.712196
NOK 9.734315
NPR 148.701282
NZD 1.75133
OMR 0.384545
PAB 0.997734
PEN 3.45194
PGK 4.316042
PHP 60.464505
PKR 278.39991
PLN 3.70718
PYG 6454.29687
QAR 3.638018
RON 4.417499
RSD 101.772347
RUB 80.207393
RWF 1457.240049
SAR 3.754249
SBD 8.038772
SCR 14.425806
SDG 601.000172
SEK 9.43173
SGD 1.28546
SHP 0.750259
SLE 24.650044
SLL 20969.510825
SOS 570.192924
SRD 37.35103
STD 20697.981008
STN 21.233539
SVC 8.730169
SYP 110.548921
SZL 16.948198
THB 32.646041
TJS 9.563492
TMT 3.51
TND 2.941459
TOP 2.40776
TRY 44.5833
TTD 6.768937
TWD 31.972943
TZS 2600.000206
UAH 43.698134
UGX 3743.234401
UYU 40.405091
UZS 12122.393971
VES 473.390498
VND 26342.5
VUV 120.132513
WST 2.770875
XAF 568.506489
XAG 0.013691
XAU 0.000214
XCD 2.70255
XCG 1.798209
XDR 0.70704
XOF 568.516344
XPF 103.361457
YER 238.65028
ZAR 16.94973
ZMK 9001.198572
ZMW 19.281421
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • BTI

    0.3900

    58.28

    +0.67%

  • RELX

    0.3600

    33.59

    +1.07%

  • CMSC

    0.0500

    22.04

    +0.23%

  • VOD

    0.0800

    15.21

    +0.53%

  • BCE

    -0.9300

    24.45

    -3.8%

  • NGG

    1.1500

    87.99

    +1.31%

  • BCC

    -1.8800

    73.2

    -2.57%

  • GSK

    0.7000

    56.69

    +1.23%

  • RYCEF

    0.9000

    15.99

    +5.63%

  • RIO

    -0.3600

    94.45

    -0.38%

  • CMSD

    0.1100

    22.26

    +0.49%

  • JRI

    0.0900

    12.61

    +0.71%

  • AZN

    2.7600

    203.49

    +1.36%

  • BP

    0.9500

    47.12

    +2.02%

Rubio meets China's Wang on sidelines of ASEAN talks
Rubio meets China's Wang on sidelines of ASEAN talks / Photo: © POOL/AFP

Rubio meets China's Wang on sidelines of ASEAN talks

US Secretary of State Marco Rubio met his Chinese counterpart Wang Yi Friday on the sidelines of ASEAN talks in Malaysia, where Washington's tariffs are in sharp focus.

Text size:

Rubio and Wang's first face-to-face meeting since US President Donald Trump returned to office comes as Washington and Beijing are locked in disputes ranging from trade to Taiwan -- and both powers vie for greater influence in the region.

Wang and Rubio, a longtime China hawk, are in Kuala Lumpur for a gathering of foreign ministers from the Association of Southeast Asian Nations, which Japan, South Korea and Australia and other nations are also attending.

US officials said ahead of Rubio's first trip to the region as secretary of state that Washington was "prioritising" its commitment to East and Southeast Asia.

Rubio said Thursday the United States has "no intention of abandoning" the Asia-Pacific region.

But US tariffs have overshadowed the conference, and Rubio has sought to placate Asian trade partners, saying talks were ongoing and might result in "better" rates than for the rest of the world.

Trump has threatened punitive tariffs ranging from 20 to 50 percent against more than 20 countries, many of them in Asia, if they do not strike deals with Washington by August 1.

- 'Indispensable relationship' -

This included long-time US ally Japan which faced a 25 percent across-the board levy, separate from similar charges for cars, steel and aluminium that have already been imposed. Seoul faced a similar tariff percentage.

Earlier Friday Rubio met his Japanese and South Korean counterparts, with his spokeswoman Tammy Bruce calling it an "indispensable relationship."

Malaysian Prime Minister Anwar Ibrahim, however, said this week that tariffs were being used as "sharpened instruments of geopolitical rivalry".

Wang on Thursday said the US tariff drive "undermines the free trade system".

"The United States' imposition of high tariffs on Cambodia and Southeast Asian countries is an attempt to deprive all parties of their legitimate rights to development," Wang said.

Tensions between Washington and Beijing have ratcheted up since Trump took office in January, with both countries engaging in a tariff war that briefly sent duties on each other's exports sky-high.

At one point the United States hit China with additional levies of 145 percent on its goods as both sides engaged in tit-for-tat escalation. China's countermeasures on US goods reached 125 percent.

Beijing and Washington agreed in May to temporarily slash their staggeringly high tariffs -- an outcome Trump dubbed a "total reset".

- Taiwan, South China Sea -

Before becoming Secretary of State in January, Rubio had already been one of the most vocal critics of China on the American political stage for many years.

Rubio and Wang are also likely to discuss US concerns over China's expansionary behaviour in the South China Sea and Beijing's growing military pressure on Taiwan.

China claims the democratic self-ruled island as part of its territory and has threatened to use force to bring it under its control.

Like most countries, Washington has no formal diplomatic relations with the island.

However, the United States is Taiwan's biggest arms supplier and has shown increasing support for Taipei in the face of Beijing's growing military pressure on the island in recent years.

US Defense Secretary Pete Hegseth accused China in late May of "credibly preparing to potentially use military force to alter the balance of power" in the Asia-Pacific region.

 

In response, Chinese diplomats accused the United States of using the Taiwan issue to "contain China" and called on Washington to stop "playing with fire".

M.McCoy--TFWP