Trump's Big Announcement On Trade Talks
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US-China Trade Talks in London
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The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.
The president said he and his Chinese counterpart, Xi Jinping, still need to sign off on a preliminary deal, even though he called it "done."
H20 GPUs coming back to China could be the next leg in the U.S.-China trade talks, Wedbush Securities said on Wednesday. Read for more.
Control over the critical minerals has given Beijing a powerful tool in its trade fight with Washington.
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The deal includes the U.S. rolling back some export restrictions on advanced technology in exchange for China's release more rare earths. In other trade news, President Donald Trump's administration is close to a deal with Mexico to lift the 50% tariff on a limited amount of imported steel,
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices softened on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market.
The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,