US Treasury Secretary Bessent, on un-tariffing Chinese trade, says the idea is to start with USD 30bln
The comments from Treasury Secretary Bessent regarding the potential un-tariffing of Chinese trade suggest a significant shift in trade policy, beginning with a proposed $30 billion.
US President Trump says it has been a fantastic day; had extremely positive and productive meetings; things discussed are good for China and the US; Invites Chinese President Xi to the White House for September 24th
US Treasury Secretary Bessent reiterates his view that oil prices will be lower in six-months, cites the market curve
US Treasury Secretary Bessent, on un-tariffing Chinese trade, says the idea is to start with USD 30bln
UK regulator CMA is investigating Microsoft’s (MSFT) position in business software, including products used by UK organisations, and how this affects businesses and public sector bodies
Chinese President Xi says China-US ties have been stable via talks with US President Trump; had in-depth exchange of views with Trump today
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This move could lead to increased trade between the U.S. and China, impacting global supply chains and potentially strengthening the Yuan against the USD. Markets may react by recalibrating their expectations regarding trade tensions, which could affect currencies and commodity prices, particularly gold.
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