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Scott Bessent Says US-China Trade Talks At Stalemate, Need Trump And Xi Jinping Touch To Break The Deadlock
Thursday, May 29, 2025 - 8:38pm | 564Trade negotiations between the United States and China have reached an impasse, with both sides awaiting potential involvement from their respective leaders to break the deadlock, according to a report on Thursday. What Happened: Trade discussions between the United States and China have...
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Trump Responds To 'TACO' Meme During A White House Press Briefing: 'You Call That Chickening?'
Thursday, May 29, 2025 - 6:41am | 812An exchange between President Donald Trump and a reporter at a White House press briefing has gone viral on social media, after the latter confronted him on a Wall Street “meme” that is gaining traction, the so-called “TACO Trade.” What Happened: On Wednesday, The Kobeissi...
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China Tells US To 'Entirely' Revoke 'Wrongful Unilateral' Tariffs After Court Blocks Trump's 'Liberation Day' Levies
Thursday, May 29, 2025 - 6:00am | 503China has called on the United States to entirely withdraw the unilateral tariff measures that a U.S. federal court recently blocked. What Happened: The Xi Jinping-led nation has requested the United States to “fully cancel the wrongful unilateral tariff measures,” as per...
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As Trump-Xi Jinping Silence Drags On, China And US Reopen Diplomatic Lines Amid Looming Trade Truce Deadline And Tech Tensions
Thursday, May 22, 2025 - 11:38pm | 445China’s Vice Foreign Minister Ma Zhaoxu held a telephone conversation with U.S. Deputy Secretary of State Christopher Landau on Friday, with both sides agreeing to maintain ongoing communication, according to China’s Ministry of Foreign Affairs statement released Friday. What Happened:...
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Apple Unwittingly Powered The Rise of Rivals Huawei And Xiaomi, Says 'Apple In China' Author — India Pivot Also Fraught With This Peril
Tuesday, May 20, 2025 - 1:55am | 917According to author and journalist Patrick McGee, the decades-long reliance on China has not only exposed Apple Inc. (NASDAQ:AAPL) to growing geopolitical uncertainties but has also helped elevate its rivals. What Happened: While discussing his new book, Apple In China, on CNBC’s “...
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Trump Says He's Willing To Visit China To Meet Xi Jinping, Calls US-China Relationship 'Important' After Striking Temporary Trade Truce
Friday, May 16, 2025 - 11:09pm | 404President Donald Trump has offered to travel to China to meet with President Xi Jinping. What Happened: In an interview with Fox News aired on Friday, Trump was asked if he wanted to speak with Xi on a foreign trip. In response, he said, "I would certainly," adding that the relationship between the...
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China Slams UK-US Trade Pact, Finds It 'Against' Its Interests: 'This Type Of Poison Pill Clause Is Actually Worse Than The Tariffs'
Wednesday, May 14, 2025 - 5:29am | 686The recent trade agreement between the U.K. and the U.S. has been met with disapproval from China, potentially adding more complexity to London’s ongoing efforts to rebuild its relations with Beijing. What Happened: The trade pact, which imposes strict security...
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'Dr. Doom' Nouriel Roubini Says Trump 'Chickened Out' In Trade War With China, Calls Xi Jinping 'The Clear Winner' After Tariff Rollback
Tuesday, May 13, 2025 - 2:36am | 588Nouriel Roubini, the Iranian-American economist known as “Dr. Doom” for predicting the 2008 financial crisis, said that President Donald Trump “blinked and chickened out” in his trade confrontation with Chinese President Xi Jinping. What Happened: In his recent X post,...
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US-China Tariff Truce Will Alleviate 'Worst Fears,' But Prevent Falling Yields, Keeping 'Economy Under Pressure,' Says Craig Shapiro
Monday, May 12, 2025 - 8:40am | 800Economist Craig Shapiro shared his insights on the unfolding U.S.-China trade dynamics, warning that while a tariff truce may calm immediate market fears, it could have unintended consequences for the broader economy. What Happened: Shapiro, a macro strategist at Bear Traps Report, suggested that...
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Trump Announces 'Total Reset' as US-China Trade Talks Aim to End Tariff War
Sunday, May 11, 2025 - 10:45am | 531In a bid to ease the ongoing tariff war, senior negotiators from the US and China have resumed high-level trade talks. What Happened: On Sunday US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are spearheading the discussions in Geneva. This marks the first...
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Trump May Lower China Tariffs To 60% In Coming Weeks, Says Piper Sandler Investment Strategist: '...Could Be The Last Big Upside Catalyst For A While'
Wednesday, May 7, 2025 - 4:08am | 715Chief Investment Strategist at Piper Sandler, Michael Kantrowitz, throws light on the direction of the U.S.-China trade deal and weighs in on the possibility of recession. What Happened: Michael Kantrowitz, Chief Investment Strategist at Piper Sandler, suggested in a discussion with...
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US Stocks Likely To Open Lower After Snapping 9-Day Streak: 'Downside Could Be Limited Even In A Mild Recession,' Says Expert
Tuesday, May 6, 2025 - 5:37am | 1409U.S. stock futures fell on Tuesday after snapping a nine-day winning streak on the S&P 500 index. Futures of major benchmark indices were lower in premarket. After a remarkable 20-year high winning streak, the S&P 500 saw stocks decline on Monday. This reversal was triggered by two key...
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US Stocks Likely To Open Lower After S&P 500's 9-Day Streak: 'Any De-Escalation In Trade Tensions Should Be Positive,' Says Expert
Monday, May 5, 2025 - 6:27am | 1711U.S. stock futures fell on Monday after a nine-day winning streak on the S&P 500 index. Futures of major benchmark indices were lower in premarket. The S&P 500 index notched a nine-day advance for the first time since November 2004 on Friday. While aboard Air Force One, Donald Trump...
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China Pushes For Special Envoys As Direct Deal With Trump Deemed 'Risky', Plans Fentanyl Concessions As Negotiating Leverage: Report
Monday, May 5, 2025 - 3:37am | 667The ongoing U.S.-China trade dispute may find resolution through the reported appointment of special envoys by Presidents Donald Trump and Xi Jinping. This could pave the way for better communication channels, analysts suggest. What Happened: The U.S. and China are grappling with how to...
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Treasury Secretary Says It's On China To End Trade War: 'Tariffs Are Unsustainable'
Monday, April 28, 2025 - 11:19am | 625Treasury Secretary Scott Bessent says it’s up to China to de-escalate the current trade war with the U.S. What To Know: “As I’ve repeatedly said, I believe that it's up to China to de-escalate because they sell five times more to us than we sell to them. And so these 125%,...