The world’s two largest economies shouldn’t totally cut themselves off from each other, but the U.S. still needs self-sufficiency in key areas, according to Treasury Secretary Scott Bessent.
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US customers should get Chinese rare earth permits more easily after trade truce, say sources
Rare earth export permits for U.S. customers are likely to have an easier time getting approval from Beijing after Monday’s trade war truce, however a complete removal of the restrictions is unlikely, …
Bank stocks see broad rally as U.S.-China trade talks reduce recession predictions
With the prospect of more favorable tariff terms between the two key trading partners, investors are betting that increased economic activity will boost financial activity.
Investors think China is winning Trump’s trade war as stocks rally globally
The China deal, like the U.K. deal, still leaves the U.S. with much higher barriers to trade than it had before.
Trump tariffs live updates: US, China agree to slash tariffs in 90-day trade truce
The US and China have agreed to put most tariffs on pause for 90 days, marking a major deescalation in a trade tit-for-tat that has roiled global markets. Treasury Secretary Scott Bessent, who led …
US and China reach deal to slash tariffs, lifting dollar
The United States and China have agreed a deal to temporarily slash reciprocal tariffs as the world’s two biggest economies seek to end a damaging trade war that has stoked fears of recession and set…
US and China agree to lower tariff levels, 90-day pause
Treasury Secretary Scott Bessent told reporters the two sides had agreed on a 90 day pause on measures and that tariffs would come down by over 100 percentage points to 10%.
US and China agree to drastically roll back tariffs in major trade breakthrough
The United States and China agreed Monday to drastically roll back tariffs on each other’s goods for an initial 90-day period, in a surprise breakthrough that has de-escalated a punishing trade war …
US and China reach deal to slash trade tariffs
The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs for now as the world’s two biggest economies seek to end a trade war that has disrupted the…
US and China reach deal to slash tariffs, officials say
The United States and China said on Monday they have agreed a deal to slash reciprocal tariffs as Washington and Beijing seek to end a trade war that has disrupted the global economy and set…
European shares rise as US, China hail ‘constructive’ Geneva trade talks
European shares rose on Monday, as investors welcomed signs of progress in U.S.-China trade talks aimed at cooling a trade war between the world’s two largest economies and dispelling some of the …
US-China trade war latest: Global markets lifted by Geneva talks
Global markets were lifted after the US and China substantially reduced tariffs imposed as part of a trade war between the world’s two largest economies.
China’s central bank to enhance financial services to boost consumption
BEIJING — China’s central bank will implement a series of measures to improve financial services aimed at stimulating consumer spending, according to a report released Friday by the People’s Bank of …
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