🇺🇸🇨🇳 TODAY: President Trump announces he has officially signed a trade deal with China. https://t.co/XR1EDNqUVR ...

So I'd like just to begin there in terms of what you have unveiled here, do you think that this gives now the European Union a real chance to compete with some of these very sort of heavily government backed industries in China, for example, and in the United States with the Inflation Reduction Act. Hello. Good morning.So it's not against anyone, but it is just to assure that it is not that we are reliable, predictable and stable continent. It is that we are an attractive continent and that we, the Member S ...

THIS IS THE ASIA TRADE. HAIDI: THE TOP STORIES THE SOUR, A CAUTIOUS OPEN AHEAD FOR ASIA AS WALL STREET'S RALLY SHOWS SIGNS OF FATIGUE AMID CHEAP POLITICAL RISKS. THE U.S. YIELD CURVE STEEPENING.THE NATO SUMMIT GIVES TRUMP A WIN ON DEFENSE SPENDING AS HE DECLARES THE LATEST MIDDLE EAST CONFLICT OVER AND FLAGS MEETING SOON WITH IRAN. WE WILL HEAR FROM CATL'S CHIEF MANY FRACTURING OFFICER ABOUT THEIR PUSH TO PRIORITIZE OVERSEAS EXPANSION. WE TALK AI WITH THE FOUNDER OF ONE OF CHINA'S LITTLE DRAGONS.ASIA TECH W ...

US-Australia Trade Relations - A meeting regarding trade between the US and Australia is unlikely to result in significant tariff changes [1] - The US has concerns regarding Australia's biosecurity measures, particularly related to beef imports [4] - Australia has maintained a trade surplus with the US since 1952 [4] - While Australia only exports about 4% of its total goods to the US, the US is the biggest investor in Australia and the biggest destination for Australian capital, with approximately 14 trillion in each direction [9][10] Beef Trade Dispute - The US seeks assurance that beef exported to Australia is born and bred in the US, not from cattle crossing the borders from Mexico and Canada [6] - Australia is standing firm on its biosecurity measures regarding beef imports [7] - The US President is concerned that Australia hasn't allowed one American Big Mac into the country [6] Geopolitical and Economic Concerns - Actions in the Middle East are currently considered more important than trade matters with Australia [3] - The slowdown of the Chinese economy is a significant concern for Australian companies [8] - China's potential limitations on exports of critical minerals needed in batteries could impact Australian companies [9] Shipbuilding and AUKUS - The US is prioritizing increasing its shipbuilding capacity [12] - An Australian company, Austal, operating in Alabama, has built approximately a third of the ships in the US Navy [13] - Australia has made an 800 million AUD down payment on the 3 billion AUD investment in the subs uplift [15] - There is no expectation that AUKUS will be cancelled, as it is in America's strategic and economic interests [15]

I think we're going to accomplish a lot and I expect to and I think our primary focus will be trade and trade with Canada and I'm sure we can work something out. I'm a tariff person. I've always been a tariff.It's simple. It's easy. It's precise and it just goes very quickly. ...

A group of seven leaders are gathering in Alberta, Canada today where much of the focus will be on trade. Megan Cassella joins us right now with more. She is there in Alberta.And what have you heard so far, Megan. Hey, Becky. So, good morning guys from beautiful B, Alberta.I am standing about 20 miles from where the group of seven leaders will be gathering today and this week in Canonascis, Canada. President Trump got in here late last night into Calgary uh before flying over to Canonascus to meet and reall ...

>> Join us now for a look at the economy, trade, the budget bill and much more. IBM Vice chairman Gary Cohn was in the white House, the first Trump administration as NSC director. Long career at one of the preeminent firms obviously on Wall Street, Goldman Sachs.So you know what you're talking about in terms of things and you're not part of the administration anymore. So I think you'll you know, you won't be you won't feel like you have to say great things. But I mean, why is this keep happening every singl ...

Trade Negotiations & Agreements - US and China have a framework to get trade talks back to the Geneva agreement [1] - China will grant rare earth export licenses for US companies immediately, but these licenses may only last 6 months [2] - Current US tariffs on China will remain at their current levels [2] - The existing 30% tariffs on Chinese imports since Trump took office and China's 10% retaliatory tariffs remain in place [3][4] - The 90-day countdown for other countries to negotiate new trade deals may be extended for those engaged in good-faith negotiations [4] Rare Earth Materials & Technology - Rare earth materials are critical for various industries, including auto, construction, electronics, and defense, giving China leverage [7] - The US may be exporting high-end technology, like GPUs for generative AI, to secure rare earth materials [8] - Concerns exist about giving up high-end technology access to obtain rare earth materials, especially with a potential 6-month limit on rare earth export licenses [9] Trade War Impact & Perspectives - Some believe the US overplayed its hand in trade negotiations [6] - Tariffs are intended to encourage domestic manufacturing and reduce cheap imports, but also to raise revenue, creating a contradiction [15][16] - Elon Musk previously warned that tariffs could lead to a recession [16] USMCA & Trade Deal Trust - USMCA (updated NAFTA) was considered a strong achievement of the Trump administration [13] - Concerns exist about the trustworthiness of trade deals made with the US, given past actions [14] Auto Industry Impact - Potential increase of steel tariffs from 25% to 50% could significantly impact the auto industry, which imports approximately $16 billion [11] - Auto production has been affected by uncertainty regarding access to rare earth materials and magnets [12]

The US and China appear to be excited about the progress they're making on trade. So, let's discuss what actually went down during the negotiations. Both countries say they now have a framework that basically gets trade talks back to the agreement that they made in Geneva a month ago.And according to the Commerce Secretary Howard Lutnik, China will start granting rare earth export licenses for US companies immediately. But the Wall Street Journal reports those licenses are only going to last 6 months. So if ...

By challenging the decades old status quo on tax and trade. President Trump is breathing, breathing new life into the American economy. More than 500,000 private sector payroll jobs have been added since January.Most importantly, inflation in the U.S. is at its slowest pace since 2021. And the numbers we received today take us back to the slowest pace since 2020. Most importantly.We are decelerating cost increases for shelter, food and energy. After four years of price increases, diminishing the U.S. standa ...