News
What happens if China & US President’s chat is delayed?
There is fresh speculation that the scheduled chat between US President Joe Biden and Chinese President Xi Jinping may be delayed
Beijing is yet to decide whether or not the leader will attend the upcoming G-20 Rome summit in person or via video, when it eventually rolls around in late October.
If it is a virtual attendance, there will be no chance for Biden and Xi to meet face-to-face, in what was supposed to be the pair’s first meeting since Biden became President.
Although the decision is partly due to the ongoing pandemic, some believe it’s also a representation of worsening relations between the two countries.
If Xi Jinping and Joe Biden fail to meet in late October, it will be the longest period a new US President hasn’t met his Chinese counterpart since 1993.
This has many analysts concerned, with face-to-face meetings viewed as a vital part of foreign diplomacy.
News
US–China trade talks are a handshake, not a deal
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Trump and Xi unofficially extend tariff truce, with US concessions and Chinese commitments on soybeans, fentanyl, and rare earths.
Presidents Trump and Xi extend their tariff truce in an informal meeting, with US cuts and Chinese promises on soybeans, fentanyl, and rare earths.
Steve Gopalan from SkandaFX cautions this is unofficial and deeper issues between the two super powers remain.
#USChina #TradeTruce #Tariffs #GlobalMarkets #Soybeans #RareEarths #UnofficialDeal #TickerNews
News
Markets cautious as rate cut hopes fade
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks ease rate cut hopes amid inflation and wobbling tech stocks; markets adjust to Fed’s new stance.
Central banks pull back on rate cut expectations as tech stocks wobble and inflation pressures persist. Markets adjust cautiously to the Fed’s new tone.
#Markets #Fed #InterestRates #Inflation #TechStocks #CapitalMarkets #TickerNews #Economy #FinancialUpdate
News
Trump and Xi strike temporary trade truce after six years
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
Trump and Xi establish temporary trade truce, reducing tariffs and enhancing U.S. exports amid lingering economic tensions.
President Donald Trump and Chinese leader Xi Jinping have agreed to a temporary trade truce, cutting tariffs and boosting U.S. exports.
Analysts remain cautious, warning deep economic divides still linger.
#Trump #XiJinping #TradeDeal #USChinaRelations #Tariffs #GlobalTrade #Economy #Soybeans #RareEarths #TickerNews
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