Also in today’s newsletter, Modi claims Indian military ‘superiority’ over Pakistan, and China’s CATL to raise at least $4bn
NEWS
Trump’s tariff truce with China brings some relief but uncertainty over what’s next
President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief.
US stocks end sharply higher on China-US trade deal. S&P 500 hits more than 2-month high
A deal with China is a relief to investors who worried 145% tariffs would severely limit trade, raise prices and hurt the US economy.
US and China reach a deal to slash sky-high tariffs for now, with a 90-day pause
U.S. and Chinese officials said they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
Expect China to help Trump on fentanyl, TikTok and midterm elections, says Evercore ISI strategist
Both the U.S. and China could be back at the negotiation table again soon to hash out further details, according to Treasury Secretary Scott Bessent.
What’s in the US-China trade framework?
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The lowered tariffs will remain in place for 90…
Factbox-What have China and the United States agreed to in Geneva?
China and the United States announced a truce in their trade war on Monday after talks in Geneva that will roll back the bulk of tariffs and other countermeasures by Wednesday. The United States is…
CATL’s US$5.3 billion Hong Kong IPO defies gloom with city’s biggest stock sale since 2021
Listing is expected to be the largest in Hong Kong since Kuaishou Technology raised US$6.2 billion in January 2021.
Petro to Sign China Investment Deal as Beijing’s Influence Grows
Colombian President Gustavo Petro said he plans to sign up to China’s Belt and Road initiative, potentially boosting Beijing’s growing influence while further souring his relationship with the US.
Trump administration live updates: U.S. and China agree to tariffs pause; president signs executive order on drug pricing
Live updates and the latest news as the U.S. and China pause tariffs and Trump signs an executive order aimed at lowering drug prices.
Trump administration live updates: U.S. and China agree to pause tariffs; president signs executive order on drug pricing
Live updates and the latest news as the U.S. and China pause tariffs and Trump signs an executive order aimed at lowering drug prices.
China Makes New Move Against US Ally in Disputed Waters
Japan is also locked in a maritime dispute with China over the Senkaku Islands, an uninhabited island group in the East China Sea administered by Tokyo and claimed by Beijing as the Diaoyu Islands.
Trump says China agrees to ‘fully’ open country’s markets to US businesses
President Donald Trump told reporters Monday at the White House that the arrangement arguably was the most significant development stemming from the trade negotiations.
