All articles tagged with #china trade deal
President Trump, during his Asia tour, predicted a quick resolution to the US-China trade negotiations, expecting a deal to be finalized within days, while also engaging in diplomatic meetings in Japan and Southeast Asia, emphasizing trade and regional security issues.
Dow Jones futures and major indices rose on hopes of a near-final U.S.-China trade deal, amid a week of significant earnings reports from tech giants like Apple, Microsoft, and Google, and an upcoming Fed rate cut. The market rally continues with record highs, driven by AI and infrastructure spending, while geopolitical and economic developments remain closely watched.
Dow futures rose on hopes of a China trade deal, with a busy week ahead featuring major earnings reports from tech giants, a Federal Reserve rate cut, and a Trump-Xi meeting, amid ongoing market rally and geopolitical developments.
President Trump is actively engaged in international negotiations, including a potential trade deal with China, addressing tariffs with Canada, and touring Asia to strengthen alliances and counter China's influence, amid ongoing trade tensions and geopolitical strategies.
President Trump has extended the US-China trade truce until Nov. 9, maintaining tariffs on Chinese imports at 30%, while exempting gold from tariffs. The extension aims to give both sides more time to negotiate unresolved issues, including agricultural purchases and technology access. Meanwhile, Nvidia and AMD will pay the US government 15% of revenues from certain chip sales to China, amid ongoing trade tensions. The tariffs are increasingly impacting US consumers and businesses, with costs expected to rise.
Stock futures rose on hopes of a China trade deal, with Meta and Microsoft surging after strong earnings. Economic data showed lower-than-expected jobless claims and a slight increase in inflation, while the market reacted to these developments and upcoming IPOs like Figma.
US stocks declined slightly despite progress on a China trade deal and tame inflation data, with the agreement involving a complex tariff arrangement and cautious optimism among investors. The inflation figures suggest limited immediate impact from tariffs, potentially paving the way for interest rate cuts, though concerns about future price hikes remain.
A federal appellate court has temporarily stayed a lower court's ruling that invalidated most of President Trump's tariffs, allowing them to remain in place while further legal proceedings are scheduled, thus prolonging the ongoing trade tensions and uncertainty.