Trump Extends US-China Tariff Truce for 90 Days | Bloomberg: The Asia Trade, 8/12/25

[NO AUDIO] THIS IS THE ASIA TRADE, INVESTORS AWAIT CLUES ON A RATE CUT NEXT MONTH AS AUSTRALIA'S RESERVE BANK WILL DELIVER A 25 BASIS POINT REDUCTION TODAY. TRUMP IS OPEN TO NVIDIA SELLING A SCALED DOWN BLACKWELL CHIP AND CHANGING HIS TUNE ON THE INTEL CD SAYING HE HAS AN AMAZING STORY. U.S. MARKETS CLOSED LOWER WITH THIN VOLUMES AS MARKETS AWAIT THE CPI NUMBERS COMING OUT TOMORROW MORNING AND WE EXPECT TO SEE HEADLINE CPI MOVING UP 2% ON THE YEAR.FUTURES LOOK FLAT AHEAD OF THAT. OIL IS MOVING HIGHER WITH D ...