The US is expected to suspend port fees for a year on China-linked vessels starting next week, as the two countries deescalate a maritime contest that had become a sticking point in the trade war https://t.co/1e0KFhEsJs ...

I'd call it a truce. I would not call it a breakthrough. I think it creates more stability in a relationship that has had more stability until liberation day.It was a short meeting. It was only 90 minutes long. It was expected to be 3 to 4 hours.With translation, that means that it was really only a 45minute meeting. So most of what was expected had already been discussed and agreed to. There was nothing on Taiwan, though the Chinese had floated it.There was nothing on Russia, though Trump had floated it. I ...

Investment Strategy - The firm is taking 3 strategic positions based on the "60 Minutes" interview with Trump [1] - The firm is heavily invested in SOY, with Paramount and Larry/Oracle being secondary, higher-risk investments [3] Investment Opportunities - SOY: Anticipates positive impact from renewed trade discussions with China and potential soybean purchases, considering it a "no brainer" below 70 cents [2] - Larry/Oracle: Speculates Trump's mention of Larry Ellison and his sons, along with David Ellison's acquisition of CBS, could positively influence the stock [2] - Paramount: Believes Trump will highlight Paramount's $16 million payment to him due to a lawsuit victory [2] Key Discussion Points - China and President Xi Jinping [3] - Venezuela [3] - Israel [3] - The U S government shutdown [3] - Immigration and use of the National Guard [3]

The trade war with China was tough on Nvidia Corp. (NASDAQ: NVDA) investors. ...

Hollywood is feeling the effects of the trade war while struggling to convince consumers to watch movies in actual movie theaters.@SeanFennessey joins @chafkin and @svaneksmith on the Everybody's Business podcast to discuss one shining star — the horror movie genre https://t.co/qSwm0RcP17 ...

US-China Trade Relations - A one-year truce exists in US-China trade relations, but tensions remain from previous policies [1][2][8] - The US accounts for 15% of total global imports, and China accounts for 15% of global exports of goods, highlighting their mutual dependence [5] - The current trade situation is close to pre-"Liberation Day" tariffs, with some exceptions like fentanyl tariffs and licensing regimes on magnets [3][4] - Ambiguity persists on complex issues like Taiwan, TikTok, high-tech chips (BLACKWELL), and China's potential Boeing/oil purchases from Russia [4][5][6] Geopolitical Strategy and Alliances - The US should work with allies to develop secure supply chains, reducing dependence on China for rare earths [9] - Agreements with allies like Australia are crucial, and exploring opportunities in Latin America for rare earths is important [10] - China is considered the biggest competitor and strategic threat to the US, necessitating agreements with countries to pull them out of China's sphere of influence [11] - The US faces distrust and dislike globally, hindering cooperative agreements, despite other countries needing the US market and defense [16] Market Discipline and Future Outlook - Market discipline is expected to prevent an escalating trade war, as it would hurt both the US and China significantly [5][8][9] - The US has been perceived as an unreliable trade partner, with deals being made and then retracted, creating distrust [15][16] - A shift towards cooperative agreements, rather than a "bullying mentality," is needed for improved relations and cooperation [15][16]

Core Insights - Apple reported financial results for the summertime quarter that surpassed analyst expectations, driven by strong demand for the iPhone 17 lineup despite challenges from a global trade war and competition in artificial intelligence [1][5]. Financial Performance - iPhone sales reached $49 billion during the July-September period, marking a 6% increase year-over-year, although this was below the anticipated 8% growth and less than the 13% increase seen in the previous quarter [4]. - Apple sold approximately 58.6 million iPhones globally in the quarter, ranking second behind Samsung, which sold 61.4 million Android devices [5]. - The company reported earnings of $27.5 billion, or $1.85 per share, nearly doubling its profit from the previous year, with total revenue climbing 8% to $102.5 billion, both figures exceeding analyst forecasts [5][6]. Product Insights - The iPhone 17 features a redesign with a "liquid glass" appearance but lacks advanced AI capabilities found in competitors' devices [2]. - Despite tariffs costing Apple $1.1 billion in the last quarter and an expected $1.4 billion in the upcoming quarter, the company maintained pricing on its latest iPhones [3]. Future Outlook - CEO Tim Cook expressed optimism about the iPhone 17's continued success, predicting increased sales during the holiday season, with expectations of at least a 10% rise in iPhone sales compared to last year's holiday season [7][8].

The US-China truce leaves Beijing holding the rare-earths weapon for another year. That doesn't sound "truly great," @BobOnMarkets says (via @opinion) https://t.co/DtKs6uhHQz ...

Trade Relations - US President Trump stated China will purchase "tremendous" amounts of US soybeans after meeting with Xi Jinping [1] Commodity Market - Soybeans have been a focal point in the US-China trade war [1]

and we're going to have a very successful meeting. I have no doubt. >> US President Donald Trump met with Chinese President Xiinping here in Busousan, South Korea.It was a highly anticipated meeting to try and solidify a fragile truce and ease a trade war that has really roiled global markets. The talks resulted in China agreeing to resume buying US soybeans and halting some of the rare earth controls for one year. Earlier, Trump had threatened to impose an additional 100% tariff on China, saying he'd retre ...