Trump says U.S. trade deal with China is done
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Kevin Durant trade proposals
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Bloomberg reporters unpack the latest round of high-stakes trade talks between the US and China, exploring why Beijing may still have the upper hand. They answer your questions on what's next in the "done" deal.
The U.S.-China talks on trade resemble arms-control negotiations, with export controls the key weapons. As part of a monthslong feud, the two sides choked off the supply of such exports as rare earths or semiconductor technology in a bid to gain an edge.
US stock futures pulled back on Thursday as Wall Street assessed President Trump's evolving trade policy as well as softening inflation. On Wednesday, Trump said that he would send letters to trading partners within a week or two setting unilateral tariff rates.
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China on Thursday affirmed a trade deal announced by U.S. President Donald Trump, saying both sides needed to abide by the consensus and adding China always kept its word.
Commerce Secretary Howard Lutnick said the European Union was tough to deal with, and securing a trade pact with the bloc would likely take longer than most other such deals. The EU "got a little reli
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic consumption and the prospect of a U.S.-China trade war is already taking its toll among Chinese companies.
Bullish bets firmed up on most Asian currencies as the lack of clarity on a U.S.-China trade agreement kept the dollar on the back foot, a Reuters poll showed on Thursday.
Chinese state media say that the U.S. and China have agreed in principle on a framework to resolve their trade disputes.
Today’s missive is a reference to an actual trade done in my personal account. I’m using it as an example of possible market dysfunction and as an example of how to seize the pricing.
Tesla Inc. sued a former engineer with the company’s highly secretive Optimus program, accusing him of stealing confidential information about the humanoid robot and setting up a rival startup in Silicon Valley.