You have top trade negotiators for the U.S. and China say that they have come to terms on a range of fairly contentious points. Those soybeans were always going to be on the market. It's a global market.The three leading suppliers are Brazil, Argentina and the U.S. And I believe that we have brought the market back into equilibrium. And I believe that the Chinese will be making substantial purchases again. Anticipating that we will get some kind of a deferral on the rare earths export controls that the Chin ...

Inflation isn't giving the Fed a reason not to cut rates this week, but tariffs could create some trouble, says @johnauthers. Plus what the Gipper really had to say about those pesky tariffs (via @opinion) https://t.co/G6HcYtUH2M ...

🇺🇸 🇨🇳 LATEST: Treasury Secretary Scott Bessent says the US has reached a "substantial" trade framework with China, potentially removing the need for Trump's 100% tariffs. https://t.co/mumLIcdGh9 ...

Landing in Malaysia in apparently good spirits, President Trump tonight hopeful he'll strike a new trade deal with China during his whirlwind trip this week to Asia. >> United States is having its golden age. >> Treasury Secretary Scott Bessant feeling new optimism ahead of Trump's highstakes meeting with Chinese President Xi Jinping Thursday in South Korea.>> I believe we've reached a very substantial framework. You're not anticipating the 100% tariffs. >> Uh, no, I'm not.And I'm also anticipating that we ...

on again offagain fight with Canada after a television ad got under his skin. First, he called off trade talks with Canada earlier this week because of the ad from Ontario's government using a 1987 speech from Republican President Ronald Reagan on the dangers of tariffs and protectionism. Last night, Trump posted on social media that he planned to hike tariffs on imports of Canadian goods by an extra 10% because the ad wasn't pulled off the air immediately and ran Friday during the first game of baseball's ...

On the streets of Rio. It's not hard to find electric vehicles from China. I've seen a lot of BYD cars on the streets and many electric cars because of the price.Everyone is getting on board. There are a lot of Chinese cars on the streets. Brazil is South America's largest auto market, and the country is quickly becoming the next frontier in China's EV expansion.In 2024, Brazil imported around 138,000 EVs and hybrids from China. That number is up nearly 100,000 from 2023. The momentum in South America mirro ...

And joining me now is Treasury Secretary Scott Bessant traveling with President Trump in Malaysia. Secretary Bessant, welcome back to Meet the Press. >> Kristen, good to be with you. >> Well, it is wonderful to have you. You are there uh meeting with your Chinese counterparts ahead of President Trump's planned meeting with President Xi of China. Mr.. Secretary, do you believe that China is ready to make a trade deal? >> Uh Kristen, I can tell you they are because we just finished two days of negotiations an ...

🇺🇸 TREASURY SECRETARY BESSENT: "U.S. and China likely to reach a deal to avoid new 100% tariffs." https://t.co/iwHLPuZa3J ...

Group 1 - The earnings season has started impressively, with strong performances from major banks and corporate America despite economic uncertainty and tariffs [1][2] - Three early themes have emerged: consumers are resilient against tariff-related cost increases, companies are facing profit pressures due to tariffs, and CFOs are managing earnings expectations effectively [3][2] - General Motors exceeded earnings estimates and raised guidance, citing a resilient consumer and stable auto loan defaults [4] Group 2 - Hasbro reported accelerated sales driven by demand for toys, leading to an increase in full-year sales forecasts [5] - T-Mobile's incoming CEO highlighted better-than-expected customer additions and raised profit guidance [6] - Hilton and AT&T also reported earnings beats and positive outlooks, reflecting consumer resilience [7]

US President Donald Trump has kicked off a three nation tour of Asia with a spotlight on a high stakes meeting with China's Shiin Ping. At the top of the agenda, a possible trade deal with China that could ease tensions between the world's two largest economies. >> I think we'll make a deal. I think we're going to make a deal on the rare earth is the least of it.Look, the tariffs are much more powerful. Trump has threatened to hike tariffs on China by 100% on November 1st if it doesn't roll back restriction ...