China's Commerce Ministry calls on US to abandon unilateral tariff; will adjust countermeasures and monitor US actions
This headline indicates a potential de-escalation in trade tensions between the US and China, as China's Commerce Ministry is calling for the US to abandon its unilateral tariffs and expresses a willingness to continue trade negotiations.
Novo Nordisk (NOVOB DC) reports triple agonist UBT251 delivers up to 19.7% mean weight loss after 24 weeks in phase 2 trial in China; The primary endpoint of the trial was the percentage change in body weight from baseline after 24 weeks of treatment
EUROPEAN OPEN: STAN LN profit miss, announces USD 1.5bln buyback; FME GY profits surge; TEF SM core profit accelerates; SAP GY settles with TDC; NOVOB DC downgraded
China's Commerce Ministry calls on US to abandon unilateral tariff; will adjust countermeasures and monitor US actions
Citi's equity markets positioning model notes Europe and Asia are favoured as the US Lags
China says it is open to nuclear talks in Geneva and urges the US to resume strategic stability dialogue with Russia
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Willing to hold 6th round of trade talks with the US.
The significance lies in the implications for global markets, particularly in commodities such as oil and metals, as well as the forex market where currencies like the USD and JPY may react to shifts in trade sentiment. Monitoring US actions closely suggests that China is prepared to respond dynamically, reinforcing the need for traders to remain agile in their positions.
Related headlines
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 4 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee20 min ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates3 hours ago
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks4 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed3 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources3 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement3 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port31 min ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass39 min ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits1 hour ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind2 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before38 min ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday3 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets5 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages1 hour ago
- [MARKET UPATE] Further JPY strength with EUR/JPY below 182, USD/JPY beneath 157 to a 156.63 base, surpassing 7th August low4 hours ago
- India and China could hold talks on the sidelines of BRICS summit, Indian Trade Minister says 4 hours ago
- Iran reportedly threatened the US with a large-scale attack if Israel launches an attack on the Ali al-Taher ridge, southern Lebanon, Reuters reports citing sources3 hours ago
- European Equity pre-Market Summary - 3rd September 2026: Choppy Asia-Pac trade as South Korean chip names fall in late trade5 hours ago
The whole workspace, free to try.
Try it free