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U.S. has leverage in trade talks with China, says Treasury Counselor Joe Lavorgna
CNBC Television· 2025-10-28 13:55
Trade Negotiations - Treasury Secretary Counselor Joe Lavorgna discusses trade negotiations [1] Government & Policy - The report focuses on the latest news regarding trade negotiations [1]
X @Bloomberg
Bloomberg· 2025-10-28 11:44
Ireland’s economy contracted in the three months through September, a quarter that was dominated by US President Donald Trump’s trade salvos https://t.co/HdfjO7RBnn ...
X @Bloomberg
Bloomberg· 2025-10-28 01:55
“We’re going to do tremendous trade together, I think, more than ever before,” Trump says, adding that he hoped the US-Japan relationship would be “stronger than ever before.”Follow our blog for the latest news and analysis: https://t.co/APqGXPNCzL https://t.co/NSOUby7Wj4 ...
US-China Talks Spur Hope for Trade Revival | Balance of Power 10/27/2025
Bloomberg Television· 2025-10-27 23:39
>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D. C. DAVID: FROM OUR STUDIOS AND TV RADIO AND I’M DAVID GURA IN FOR JOE MATHIEU.FINANCIAL MARKETS ARE BUOYED AND HITTING A FRESH RECORD AS ITS WHITE HOUSE PROMOTES KEY DEALS. THE DEVIL IS IN THE DETAILS AND FINANCIAL WORLD AND WASHINGTON AWAIT THE PRESIDENT’S MEETING WITH PRESIDENT XI AND DISCUSS THE DEVELOPMENTS AND ON THEIR AGENDA WITH NICHOLAS BURNS AND HOW THE UNCERTAINTY IS IMPACTING SMALL BUSINESSES WITH KELLY LOEFFLER. AND CALLING ON CONGRESS TO RE ...
Major Trade Deal News: What It Means for the Market
Digital Asset News· 2025-10-27 19:33
Everybody on Sundays, we're always uh honored by the presence of Jerry B. Hall as he takes us through what's going on in the in the uh system or into the markets themselves. But there's some pretty big news that just happened around 6:30, 7:30 this morning.And apparently, well, Trump, excuse me, the presidential administration and or the United States and China have just come to the framework of the trade agreement. So, I know there's been talk about 155% 200% far as like like trade and tariffs for uh China ...
Sheinbaum Says US Extending Deadline on Trade Deal for Several Weeks
Bloomberg Television· 2025-10-27 17:48
Trade Relations & Tariffs - The U S is reportedly willing to extend the trade deadline with Mexico for several weeks amid ongoing conversations [2] - Mexico currently faces a 25% tariff on non-USMCA compliant goods [4] - The threat of tariffs on Mexico had been that the rate could increase to 30% [4] - Tariffs imposed on Mexico are related to fentanyl concerns and border issues, not reciprocal trade [5] - A 35% tariff is in place on non-USMCA compliant goods [7] - There is a 50% tariff on Canadian steel and aluminum [7] USMCA & Trade Agreement Implications - The U S-Mexico trade relationship is being given preferential treatment compared to Canada, according to President Trump [4] - It remains uncertain whether the additional 10% tariff will extend to USMCA compliant goods [7] - The U S is closely monitoring potential concessions from Mexico to meet President Trump's demands [6]
McNeal: China won’t give concessions without getting some in return
CNBC Television· 2025-10-27 12:40
This whole China trade is so important to your world and and what you're looking at. What would you consider Dardrick a good deal out of this face-to-face meeting with Trump and she. Well, I think in the short term here, Contessa, the deescalation to Ununice's point is important, but I think when it comes to the framework that was announced uh by uh Secretary Besson after he met with Halif uh in Malaysia, I we need to see the specifics.The devil, and this is not cliche, is in fact in the details here. And I ...
Soybeans Rallying on Positive Trade News
Yahoo Finance· 2025-10-27 12:36
Group 1 - Soybean prices are experiencing a rally of 20 to 22 cents following positive trade discussions between the US and China [1] - The average closing price for November soybeans has increased to $10.22 in October, which is 19 cents higher than last year's harvest price but 32 cents lower than the February base price [2] - US and Chinese negotiators have made progress in trade talks, with China expected to purchase "substantial" amounts of US soybeans [3] Group 2 - As of last Thursday, Brazil's soybean crop was reported to be 36% planted [3] - November soybeans closed at $10.41 3/4, down 3 cents, while January and March soybeans also saw slight declines [3] - The cmdtyView national average Cash Bean price was reported at $9.73 3/4, down 2 1/2 cents [1]
Morning Bid: Stocks zoom on trade and inflation relief
Reuters· 2025-10-27 11:55
Core Insights - The article discusses the current state of U.S. and global markets, highlighting key economic indicators and trends affecting investment decisions [1] Economic Indicators - U.S. inflation rates are showing signs of moderation, with the Consumer Price Index (CPI) increasing by 0.4% in the last month, down from 0.6% previously [1] - Unemployment claims have decreased, indicating a strengthening labor market, with initial claims falling to 210,000, a decrease of 10,000 from the previous week [1] Market Trends - Global stock markets are experiencing volatility, influenced by geopolitical tensions and central bank policies, particularly in Europe and Asia [1] - The Federal Reserve's stance on interest rates remains a focal point, with expectations of potential rate hikes in response to inflationary pressures [1] Sector Performance - The technology sector is showing resilience, with major companies reporting better-than-expected earnings, contributing to overall market stability [1] - Energy stocks are under pressure due to fluctuating oil prices, which have seen a decline of approximately 5% over the past month [1]
President Trump in Asia for trip focused on trade, diplomacy
MSNBC· 2025-10-27 10:05
President Trump is in Japan this morning. It's the second stop on his nearly week-long trip to Asia. Today, the president will meet with the Japanese prime minister, who's the first woman to hold that office.The two leaders are expected to discuss defense spending and trade, the latter of which tops the agenda for each stop on Trump's Asia tour. So far, the president completed the first leg of his trip in Malaysia, landing in Koala Lampur to a red carpet welcome and a dance party that you see there before a ...