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US-China Trade Talks in London
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Treasury Secretary Scott Bessent signaled the Trump administration’s openness on Wednesday to extending President Donald Trump’s current 90-day tariff pause beyond July 9 for the United States’ top trading partners,
As trade talks conclude, the latest trade data shows a sharp drop in Chinese imports — the lowest level since the pandemic.
• Semtech has a price-to-sales (P/S) ratio of 3.4 against a figure of 3.0 for the S&P 500 • Additionally, the company's price-to-free cash flow (P/FCF) ratio is 52.6 compared to 20.5 for the S&P 500
High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.
The European Union believes trade negotiations with the US to extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.
President Donald Trump said Wednesday that a limited trade deal with China was “done,” pending his approval and that of Chinese President Xi Jinping.
U.S. and Chinese negotiators agreed to try again to implement the trade war truce that had collapsed after it was reached during an earlier round of talks in Geneva.
Representatives agreed to keep talking along the lines of the agreement reached in Geneva last month to temporarily lower tariffs.
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