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Trump and Xi call: Key takeaways
Yahoo Finance· 2025-09-19 21:54
President Trump touting progress following his call with Chinese President Xiinping, saying on Truth Social that the leaders discussed trade, fentanyl, the need to bring the war between Russia and Ukraine to an end, and the approval of the Tik Tok deal. He went on to say the two will meet at the Apex Summit in South Korea, and that he'll go to China in the early part of next year. Joining me now to discuss, Ian Bremer, Eurasia Group founder and president.Ian, it's always good to talk to you and get your per ...
U.S.-China dynamic "will be more stable": Ian Bremmer.
Yahoo Finance· 2025-09-19 21:49
President Trump touting progress following his call with Chinese President Xiinping, saying on Truth Social that the leaders discussed trade, fentanyl, the need to bring the war between Russia and Ukraine to an end, and the approval of the Tik Tok deal. >> No one was expecting any breakthroughs on any of this. I mean, you couldn't have a more different dynamic.There's now a shift. I think it'll be more stable, be more predictable. In the pre-liberation day runup, it wasn't.People were expecting that there w ...
President Trump says he had a 'productive' call with Chinese President Xi
CNBC Television· 2025-09-19 16:05
Getting more breaking news on these China trade discussions between the president and she. Let's get back to Aean Jabers. Hey, Aean.>> Carl, that's right. White House press secretary Caroline Levit confirmed to me shortly after 11:00 a. m.this morning that the call between Trump and Xiinping had ended by that time. So, we're looking at a call that began about 8, ended about 11. So, uh that is a lengthy phone call between the two leaders.We do have this uh readout now from the Chinese side. Uh Levit told me ...
President Trump and President Xi hold call, expected to finalize TikTok deal, discuss trade
CNBC Television· 2025-09-19 14:51
US-China Relations & Economic Impact - US President and China's President Xi Jinping held a phone call to discuss topics including TikTok and the economic relationship between the two countries [1][2] - Potential for a personal meeting between the two leaders in Asia this fall [5] TikTok Deal Structure - A consortium including Oracle, Silverlake, and Andreessen Horowitz may own the US version of TikTok with an 80% stake [3] - Chinese entity would retain just under a 20% stake in the revised TikTok [4] - An American-dominated board is expected, with reports suggesting the US government may get one board seat [4] - Licensing deal for the Chinese algorithm is expected, with ByteDance (parent company) receiving approximately 20% of revenues [6] - Atlantic and other US-based shareholders in ByteDance are expected to participate with new investments, potentially representing 30% of the 80% US stake [6] National Security Concerns - Central national security concern revolves around whether the American version of TikTok will continue to use the Chinese algorithm [4] - US government's ability to inspect the algorithm for potential manipulation or backdoors is a key concern [6][7] - Concern exists that a hostile foreign government could control a major media operation within the US, influencing public opinion [7]
Rockefeller International's Ruchir Sharma: Realism setting in that U.S. and China need each other
CNBC Television· 2025-09-19 14:48
Uh joining us to talk more about China trade and the impact on markets is Rashir Chararma, chairman of Rockefeller International and Breakout Capital founder and CIO Rashir. Good to have you. Happy Friday.>> Thanks Carl. Good to be back. >> One of the points you've made is that it's clear that both governments here are trying to separate from each other in the best way they can.>> Yes. But I think that this has many echoes of 2017, Carl, because if you go back to 2017, the first year of the Trump presidency ...
X @Bloomberg
Bloomberg· 2025-09-19 05:10
Malaysia’s exports rise less than expected as higher US levies that kicked in last month disrupted the Southeast Asian nation’s trade with the world’s largest economy https://t.co/YaKYfdGn8W ...
Global Supply of coffee beans hurt by weather, tariffs
NBC News· 2025-09-19 03:13
Coffee prices skyrocketing almost 21% over the past year. Rising temperatures and droughts in Brazil along with historic flooding in Vietnam destroyed coffee crops in those top exporters. But now another blow to the beloved cup of Joe. In August, President Trump bringing total tariffs on Brazil, the world's largest coffee producer, to a whopping 50%, the highest in the world next to India. And that's huge because Brazil grows more than a third of all the coffee consumed in the US. typically the president us ...
X @Bloomberg
Bloomberg· 2025-09-19 00:20
For the first time since at least the 1990s, China hasn’t bought any US soybeans at the start of the export season, a sign that Beijing is again using agriculture as leverage in its trade fight with Washington https://t.co/vbSshZAJsR ...
Stock market today: Dow, S&P 500, Nasdaq mixed after Trump and Xi hold call on trade
Yahoo Finance· 2025-09-18 23:14
Group 1 - US stocks experienced a muted performance after a call between President Trump and China's Xi Jinping, with the Dow Jones Industrial Average and S&P 500 hovering around the flat line while the Nasdaq Composite nudged up 0.15% [1] - The conversation between Trump and Xi lasted over three hours, with Trump expressing high expectations for a TikTok deal and hopes for trade negotiations between the two countries [2] - Trump mentioned progress on several important issues, including trade, fentanyl, the Russia-Ukraine war, and the TikTok deal, although details of the TikTok agreement remain unclear [3] Group 2 - The week ended on a subdued note for Wall Street, following the Federal Reserve's interest rate cuts and Nvidia's $5 billion investment in Intel, with major US indexes on track for weekly gains [4]
X @Bloomberg
Bloomberg· 2025-09-18 19:55
German Chancellor Friedrich Merz said his government will make a decision in the next days about a EU proposal to suspend Israel’s preferential trade benefits in response to the deteriorating humanitarian situation in Gaza https://t.co/H9iYYdMBcX ...