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Xi Denounces Tariff Wars During High-Profile Southeast Asian Diplomatic Visit

Chinese President Xi Jinping kicked off a diplomatic visit to Southeast Asia on Monday, using the opportunity to position China as a stabilizing global force in contrast to the United States under President Donald Trump.

In an editorial published in both Vietnamese and Chinese official media, Xi emphasized that “there are no winners in a trade war, or a tariff war,” and called for both countries to protect multilateral trading systems and maintain stable global supply chains.

The visit comes as Trump maintains significant 145% tariffs on China despite pausing some other duties. According to Nguyen Khac Giang, a visiting fellow at Singapore’s ISEAS-Yusof Ishak Institute, Xi’s visit allows China to present itself as a “responsible superpower” in contrast to Trump’s approach.

Xi received an honorary tarmac greeting from Vietnam’s President Luong Cuong, with performances by drum art students and flag-waving ceremonies featuring Chinese and Communist Party flags.

Stack of gold coins standing still on a dark reflective surface as ripples spread outward, illustrating how Fed rate hike gold pressure creates short-term waves without moving the structural floor.
News

Half the Fed Wants a Hike. 45% of Central Banks Are Buying More Gold.

The Fed’s June 2026 dot plot split the committee down the middle on rate hikes, the dollar surged to its highest since May 2025, and silver posted its sharpest drop in weeks before recovering nearly 70% of the loss. The same week, the World Gold Council reported a record 45% of central banks plan to add gold. The headwinds are real. So is the floor.

Read More »
A polished silver bar on a dark trading desk with two monitors in soft focus behind it — one showing a green upward price chart, one showing a red declining chart — illustrating silver price today and the dual forces of the Iran deal bid and FOMC reassertion driving the intraday whipsaw on June 18, 2026
News

Silver Hit $69.85 This Morning. Then the FOMC Took It All Back.

Silver climbed 2.8% on the Iran peace deal this morning, then gave it all back as the FOMC’s rate-hike signal reasserted itself. Gold barely moved. The gap between the two metals today shows exactly why silver behaves differently — and what physical holders need to understand about both forces.

Read More »

Latest News

Stack of gold coins standing still on a dark reflective surface as ripples spread outward, illustrating how Fed rate hike gold pressure creates short-term waves without moving the structural floor.
News

Half the Fed Wants a Hike. 45% of Central Banks Are Buying More Gold.

The Fed’s June 2026 dot plot split the committee down the middle on rate hikes, the dollar surged to its highest since May 2025, and silver posted its sharpest drop in weeks before recovering nearly 70% of the loss. The same week, the World Gold Council reported a record 45% of central banks plan to add gold. The headwinds are real. So is the floor.

Read More »
A polished silver bar on a dark trading desk with two monitors in soft focus behind it — one showing a green upward price chart, one showing a red declining chart — illustrating silver price today and the dual forces of the Iran deal bid and FOMC reassertion driving the intraday whipsaw on June 18, 2026
News

Silver Hit $69.85 This Morning. Then the FOMC Took It All Back.

Silver climbed 2.8% on the Iran peace deal this morning, then gave it all back as the FOMC’s rate-hike signal reasserted itself. Gold barely moved. The gap between the two metals today shows exactly why silver behaves differently — and what physical holders need to understand about both forces.

Read More »

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