RT David Rennie (@DSORennie)South African leftists long to play the China card and tell the West to get lost. Centrist political & business leaders say Chinese trade and investment is too skewed in China’s favour to replace the West for now. My column, the Telegram, reported from SA https://t.co/QcxBxbqYT4 ...

Market Sentiment & Trade - Institutional investors show decreased concern regarding trade issues, suggesting desensitization or acceptance of the current trade environment [1][2] - Major firms' chief risk officers are less worried about tariffs than in April, potentially indicating complacency as a risk [3] - Market pricing suggests a lower-than-expected impact on S&P earnings from tariffs [4] - The biggest risk remains the China part, but perceptions of a good relationship mitigate growth scare fears [5] Equity Market & Valuations - Some suggest the clock is ticking for a shakeout, and the market may be at its seasonal peak [5] - Equity valuations are higher than the 10-year historical average, currently at 225 compared to the average of 186 [6] - Earnings are less impaired than previously thought, with consensus numbers rising since the trough [7] - Valuation isn't a reliable predictor of returns in the short term (0-5 years), but may be relevant in the long term (5-10 years) [12] Economic Outlook & AI - The market is in an "innocent until proven guilty" mode regarding AI productivity's impact on earnings [10] - Changes to perception about growth and rates are likely to skew positive [9]

Uh with respect to a potential pause, you we're going to head back to Washington DC. We're going to talk to the president about whether that's something that he wants to do. Um it's certainly something that's been under discussion and so we'll brief the president on the outcome of this and we'll see if there are any we have further technical discussions that are happening right now as we speak among the teams and so the president can make a final call on whether that's something that he wants to do.>> I'm j ...

Trade Imbalance and Tariffs - China is considered the most unbalanced economy, representing 30% of global manufacturing with a 2% current account surplus of global GDP, a situation deemed unsustainable [1][2] - The US experienced a "China shock" after China's entry into the WTO, while Europe's business model relied on cheap Russian energy and a depressed exchange rate [3] - The US trade deficit with China is projected to be at least $50 billion smaller this year, indicating some progress from current tariff programs [4] - Section 232 tariffs were discussed with China, involving potential lower initial tariffs followed by higher tariffs to encourage manufacturing of pharmaceuticals and semiconductors, applied globally without country-specific exemptions [5][6] Tariff Levels and Potential Increases - Tariffs on some goods are currently at 34% plus an additional 54% related to fentanyl [7] - If previous tariff levels are reinstated, tariffs could revert to 34%, potentially additive to existing tariffs, resulting in a total tariff level around 80-85% depending on the product [8][10] - The President retains the discretion to modify tariff rates based on circumstances [9] US-China Relations and Negotiations - China had previously blocked rare earth magnets, but they are now being received [6] - Recent meetings between US and Chinese representatives were constructive, though no final agreement has been signed off [11] - A potential summit between the Chinese and US presidents was not discussed, but there was a recent phone call between the two leaders [12]

The US-China trade talks have ended without a new deal. They now have two weeks to extend a deadline or resume historically high tariffs on each other's imports. https://t.co/AJjiC40bXn ...

The US-China trade talks have ended without a new deal. They now have two weeks to extend a deadline or resume historically high tariffs on each other's imports. https://t.co/RI5Rnky6AX ...

China’s official media Xinhua: Chinese Vice Commerce Minister Li Chenggang said both China and the United States will continue to promote the scheduled extension of their respective measures—specifically, the 24% portion of U.S. reciprocal tariffs that had been suspended, and China’s countermeasures. https://t.co/g5IWS7VnWR ...

🚨 BREAKING: The U.S. and China have agreed to extend their trade truce. https://t.co/W6f9UZKuFc ...

US and China hold presser following second day of trade talks in Stockholm About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/Yah ...

Europe’s luxury industry is breathing a sigh of relief after escaping months of trade uncertainty https://t.co/nAQRdN2pfD? ...