In his first term, President Trump treated China and Russia as America's enemies. So why is he cozying up to them this time? @halbrands asks (via @opinion) https://t.co/DZfxqPJzLD ...

Europe's still playing by rules that China and America don't follow. Until that changes, tweaking gasoline car bans won’t mean anything, writes @LionelRLaurent (via @opinion) https://t.co/vOCzWjfdMd ...

China’s top diplomat has expressed support for Venezuela, criticizing one-sided coercion hours after US President Donald Trump ordered a blockade of oil tankers to ratchet up pressure on the South American nation https://t.co/Ur7wcmmoN3 ...

Sovereign Debt Issuance - China is increasing the proportion of longer-maturity sovereign debt to secure financing [1] Market Risk - Increased supply of longer-maturity debt risks pushing up yields [1] - Rising yields could weigh on already-weakening demand [1]

Economic Momentum and Job Growth - The U.S. is entering 2026 with strong economic momentum, with a 15% increase in capital expenditure, which historically leads to job growth [2][3] - President Trump is expected to address the nation regarding his economic priorities for the upcoming year [3] Tariffs and Trade Policy - The Supreme Court is set to make significant decisions regarding President Trump's emergency use of tariffs, which could have major implications for the economy [5][6] - The imposition of tariffs is viewed as a national security measure, aimed at countering the mercantilism of countries like China [11][14] - Mexico has recently voted to impose tariffs on Chinese goods, reflecting a broader shift among U.S. allies towards similar trade protections [18][19] Global Trade Strategy - The trade team is encouraging countries like Mexico and Europe to adopt tariff protections similar to those of the U.S. to combat global mercantilism [18] - The coordinated global strategy against China's trade practices is emphasized, indicating that the U.S. is not acting alone in its trade policies [19] Economic Predictions - There is optimism regarding the potential for the Dow to reach 50,000, with a call for patience regarding the implementation of the Trump administration's economic agenda [23]

is joining us right now on that. Plus, the Trump administration's increasing pressure on Venezuela, Council on Foreign Relations. President Michael Froman is here.He served as US trade rep in the Obama administration. Can also talk about so many other things that are going on in the world. But let's let's start with Ukraine.Do you think we're actually going to get a deal. What do you think that deal is going to look like. And is this ultimately the solution that everyone's been after.>> Well, look, it looks ...

Core Insights - Japan's exports increased by 6% in November year-over-year, with a notable rise in shipments to the U.S. for the first time since March, attributed to reduced tariff uncertainties following a trade deal with the Trump administration [1][5] - Total imports rose by 1.3%, resulting in a trade surplus of 322.2 billion yen (approximately $2.1 billion) [1] Exports to the U.S. - Exports to the U.S. saw a nearly 9% increase, driven by shipments of cars, chemicals, and cameras, which offset declines in machinery and iron and steel [2] - The tariff deal with the Trump administration set the baseline import duty for most products at 15%, which boosted passenger car shipments by 8% in terms of vehicle numbers, although the value of these vehicles only increased by 1.5% [3] Imports from the U.S. - Imports from the U.S. rose by over 7%, contributing to a trade surplus of 739.8 billion yen ($4.7 billion), which is an 11% increase from the previous year [4] Exports to Other Regions - Exports to the European Union surged by about 20%, supported by increased demand for machinery, vehicles, and other manufactured goods [4] - However, exports to China fell by 2.4% due to weaker shipments of chemicals, machinery, and vehicles, influenced by rising tensions following comments from Prime Minister Sanae Takaichi regarding Taiwan [5] Future Outlook - Despite the recent recovery in trade with the U.S., higher tariffs are expected to continue impacting exports negatively, although forecasts suggest that Japan's exports may improve in the coming year [5] - Increased U.S. spending related to AI is anticipated to support Japan's exports [6]

Market Performance & Investment Sentiment - China's market has outperformed its global peers this year, narrowing the performance gaps with countries like the U.S., Japan, Korea, and Taiwan [1] - Investor sentiment towards China has subtly shifted from super optimistic to a more balanced or neutral stance, though still slightly under-balanced [4] - A disconnect exists between the economy and the market, with investors seeking economic recovery and better earnings to sustain the rally into next year [6] Key Drivers & Surprises - A significant surprise this year was China's technological breakthrough, potentially positioning it better than the U.S. in certain aspects of AI [7][8] - China has demonstrated its leverage and preparedness, alleviating fears of being cut off from the global trade and financial systems [9][10] - Investors have high confidence in policymakers, supply, and liquidity supporting the stock market, making further positive surprises on this front less likely [12] Economic Impact & Policy - A technology breakthrough leading to high-paying jobs is seen as a potential positive surprise, which could fundamentally turn around consumption and stabilize the property market [12][13] - More decisive and forceful policy in addressing overcapacity issues would be welcomed by the market [14] - The wealth effect from the stock market rebound is not expected to be significant, as much of household wealth remains locked in the property market [16][17] Valuation & Earnings - Valuations are getting stretched not only for China but even more so for other Asian markets, especially Northeast Asian markets [21] - The market is hoping to see an earnings turnaround as a key driver for future growth [20][21] - Even with a stock market recovery, a K-shaped consumption pattern is anticipated, benefiting wealthier households while mass market consumption remains depressed [22][23]

China is selling large volumes of soybeans from its state reserves, as it steps up purchases from the US to fulfill an apparent agreement between the two countries in late October. https://t.co/9yvut3xez9 ...

China’s markets shed the “uninvestable” tag this year. To bury it for good, investors say an acceleration in the domestic economy is needed so the bullishness doesn’t fizzle out. https://t.co/nUKAWyzY31 ...