IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.50% USD/MXN18.65▲ 0.13% USD/CLP983.58▼ 0.07% USD/COP3,297▲ 0.68% USD/PEN3.41▲ 0.14% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.77▲ 0.61% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.18▲ 0.12% BRENT 93.37 ▲ 2.05% WTI 87.40 ▲ 1.58% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.17% GOLD 4,052 ▲ 0.54% SILVER 52.88 ▲ 3.48% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 592.25 ▼ 0.08% COFFEE 262.85 ▼ 3.15% SUGAR 18.18 ▲ 0.50% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,906 ▲ 3.46% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.57 ▼ 0.25% USD/MXN 18.63 ▲ 0.02% USD/CLP 984.45 ▲ 0.02% USD/COP 3,299 ▲ 0.75% USD/PEN 3.43 ▲ 0.51% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.67 ▲ 0.45% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.20 ▲ 0.39% BRENT 93.37 ▲ 2.05% WTI 87.40 ▲ 1.58% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.17% GOLD 4,052 ▲ 0.54% SILVER 52.88 ▲ 3.48% SOY 1,223 ▼ 0.14% CORN 446.50 ▼ 0.56% WHEAT 592.25 ▼ 0.08% COFFEE 262.85 ▼ 3.15% SUGAR 18.18 ▲ 0.50% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,906 ▲ 3.46% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Biden Says ‘No Crisis’ in U.S.-China Relations

By · · 2 min read

U.S. President Joe Biden said China is altering how trade works but there is no crisis and he doesn’t want to harm China.

The talk followed questions about China’s Apple smartphone ban for its officials. Reporters also asked about Xi Jinping’s aim to better U.S.-China ties.

Biden said, “I don’t aim to hurt China. I want a good relationship.”

Free daily brief — no card needed
Get every China story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

He mentioned his recent India trip for the G20 summit. He said the visit was important to build global friendships.

“The India trip was about that. We can make our ties with other countries stronger,” he stated.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Petrobras to pay shareholders US$2.7 billion”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Biden also talked with Li Qiang, China’s Prime Minister, at the G20. He called him China’s “number two” leader.

Biden Says 'No Crisis' in U.S.-China Relations Despite Lack of Xi Talks.
Biden Says ‘No Crisis’ in U.S.-China Relations Despite Lack of Xi Talks. Photo by MANDEL NGAN/AFP via Getty Images
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Asked about not speaking to Xi Jinping for ten months, Biden had an answer. He said both sides’ teams are talking.

“No talks with Xi doesn’t mean there’s a crisis. Speaking would be good, but he’s busy,” Biden added.

Background

Trade between the U.S. and China has a long history. Both nations are key global players. Yet, tensions have grown in recent years.

Issues like tech, security, and human rights create friction.

Apple is a big U.S. tech firm. Its smartphone ban in China is a big deal. The move might affect other tech companies too.

Such bans can change the trade game, as Biden said.

Biden’s India visit for the G20 is also key. India is another big player in Asia. Strong ties with India can balance U.S.-China relations.

The trip shows the U.S. aims to be friends with many countries.

Biden’s talk with Li Qiang is a step. It keeps the communication lines open. His comment about Xi being busy hints at China’s own challenges.

Both nations seem to aim for a balanced relationship despite hurdles.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.