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X @Bloomberg
Bloomberg· 2025-07-22 12:18
Treasury Secretary Scott Bessent says he will meet his Chinese counterparts in Stockholm next week for their third round of trade talks https://t.co/AsOXm4jiAd ...
Europe Is Pushing to Reach Trade Deal With US Before Aug. 1
Bloomberg Television· 2025-07-21 20:22
Coming into this interview, I just kind of refreshed myself as to where we are on the state of play with a number of trading partners of the US, and I counted at least four overseas delegations scheduled to be in town this week. You've got the Europeans, as you mentioned, the Taiwanese said their trade negotiator negotiating team is going to be in Washington this week. The Koreans said their negotiator is coming.And just before the election in Japan, the chief trade negotiator, Alcazar, said he was planning ...
Global bond yields come under pressure
CNBC Television· 2025-07-21 18:49
Bond Market Trends - Global bond yields are lower today potentially due to trading activity rather than a fundamental shift, with some anticipating a less dovish Fed meeting next week [2] - The long end of the yield curve is leading the decline, which is unusual given global debt concerns [2] - Two-year Treasury yields are down approximately three basis points, 10-year yields are down about six basis points, and 30-year yields are down roughly 7.5 basis points [3] - The decline in US Treasury yields is counterintuitive given stronger US economic data, suggesting short covering may be a driving factor [3] - The 10-year Treasury yield has closed lower for potentially four consecutive sessions, facing technical resistance around 450 basis points (4.5%) based on June data [4] Currency Market Dynamics - Despite the ruling party's election loss in Japan, the dollar-yen exchange rate is decreasing, driven by expectations that key government officials will continue to work on the US trade deal [5] - The dollar-yen exchange rate faces technical resistance around ¥150 [6]
Watch CNBC's full interview with Treasury Secretary Scott Bessent
CNBC Television· 2025-07-21 12:38
joining us now, Treasury Secretary Scott Bessant. Uh, Mr. . Secretary, it's great to have you on as it always is.Good to see you. Morning, Joe. Lead story, uh, economy showing swagger as tariff fears eb.This is the Wall Street Journal pointing out that, uh, there was quite a bit of, um, of angst and hand ringing uh, back in April. a lot of u forecast that the bottom was going to drop out and just flatly stated here and I I know it might not be the favorite uh paper around the White House at this point but t ...
X @Bloomberg
Bloomberg· 2025-07-21 08:56
Bloomberg understands that EU officials will meet in the coming days to discuss how to respond to a possible no-deal trade scenario with President Trump.Get the latest on this as the rest of the mornings top news with the Daybreak Europe Podcast. https://t.co/hZ71UXjRZW ...
Trade, Tariffs: EU to Plan for Possible No-Deal Scenario With US
Bloomberg Television· 2025-07-21 05:54
Howard Lutnick sounds optimistic about the possibility of reaching a deal, but of course, the EU are planning to retaliate somehow. Do we know what the EU are thinking. What's on the list of potential countermeasures.Well, to be clear, we are talking about contingencies here, and our reporting shows that the EU is still very much focused on trying to hammer out a deal with the ongoing talks with almost two weeks still left to go. At the same time, we are hearing that they see a stiffening in the US position ...
X @The Wall Street Journal
The European Union is taking steps to hit back against U.S. companies if a trade deal can’t be reached by President Trump’s Aug. 1 deadline https://t.co/wAZLnygi91 ...
X @BBC News (World)
BBC News (World)· 2025-07-20 07:22
Mayor's African message: London is open to trade https://t.co/fIRZv4nmkP ...
X @Bloomberg
Bloomberg· 2025-07-19 08:12
Trade Relations - Japan's tariff representative plans Washington visit to advocate for tariff relief [1] - Discussions with US Treasury Secretary Scott Bessent in Osaka did not address tariff concerns [1] Geopolitical Implications - The situation highlights ongoing trade tensions between Japan and the US [1]
X @Bloomberg
Bloomberg· 2025-07-17 13:41
South African Finance Minister Enoch Godongwana tells @jennzaba the country needs to reach a trading equilibrium with the United States, and is concerned a deal may not be reached before August 1 https://t.co/GSJf7CrcMV https://t.co/gcv9AwUFfM ...