News Snapshot:
The US has approached China seeking talks over Donald Trump’s 145% tariffs, a social media account affiliated with Chinese state media has said, potentially signalling Beijing’s openness to negotiations. “The US has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue,” Yuyuan Tantian said in a post published on its official Weibo social media account, citing anonymous sources. US officials, including the treasury secretary, Scott Bessent, and White House economic adviser Kevin Hassett, also expressed hope for progress in easing trade tensions. Hassett told CNBC that there had been “loose discussions all over...