Trade deal
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A US-China trade deal is ‘good news,’ but rate cuts from the Fed may still be far off
Yahoo Finance· 2025-06-11 14:16
The US and Chinese officials reached an agreement during a London meeting this week. President Trump cheering the deal on so truth social this morning, outlining some of the details and hailing the relationship between the two countries as excellent. Here with the details, our very own Fed correspondent Jennifer Shamberger.Hey, Jennifer. Good morning, Maddie. Treasury Secretary Scott Bessant set to testify this morning here on Capitol Hill.Just hours after wrapping up two days of trade negotiations with Chi ...
Britain set to become the first country to sign a trade deal with U.S., The New York Times reports
CNBC· 2025-05-08 03:38
Group 1 - Britain is set to sign a trade deal with the U.S., becoming the first country to do so after the U.S. announced reciprocal tariffs [1][2] - The U.S. President indicated a briefing about the trade deal would occur, but details remain undisclosed [2] - Britain has a trade deficit with the U.S. and was initially spared higher tariffs, facing a baseline 10% levy instead [3] Group 2 - U.S. Vice President JD Vance expressed optimism about the likelihood of a favorable trade deal for both countries [3] - President Trump contradicted White House officials by stating that the U.S. does not need to sign deals, emphasizing that other countries need access to the U.S. market [4]