Suzanne, It sounds like canned kicking might become the new policy. Well, very much so. I mean, we know that this trade truce, if you like, has recently been extended until November.And those comments there from the treasury secretary suggest that there is no rush to change things before then. And as you said there, it's working well as I see it. And I think the real focus now is whether a planned possible summit between President Trump and Jingping takes place before the end of the year.We're expecting tha ...

Treasury Secretary Scott Bessent said the U.S. is "very happy" with the current tariff situation with China, indicating there likely won't be any immediate changes to the trade truce between the two countries. https://t.co/dCIRX3q3mZ ...

Treasury Secretary Scott Bessent indicated that the US is satisfied with the current tariff arrangement with China, a signal the Trump administration is looking to keep ties calm before a trade truce expires in November https://t.co/0KaXnbKuEH ...

Soybean prices fell back below $10 a bushel, as traders saw news of an extended US-China trade truce as likely delaying major grain-purchasing deals between the nations until late this year https://t.co/QVCmFixo8H ...

We're also getting, of course, you know, a little bit of noise on soybeans and China. Is there an agreement. Are we near an agreement between the U.S. and China.But our understanding is there isn't currently an agreement, but they could certainly be one. And Donald Trump was was floating that saying that he'd like China to buy a lot more US soybeans. But the timing is interesting because we're coming obviously to the rollover of the US-China trade truce.We're also coming weeks before US farmers harvest thei ...

US President Donald Trump said he was “getting very close to a deal” with China to extend the trade truce that saw the two countries agree to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies https://t.co/1xb33QubXk ...

Gold held a decline after the dollar rose the most since May following a tariff deal between the US and the European Union, with investors now focusing on prospects for an extension of a trade truce between Washington and Beijing https://t.co/U4P8zHG8HL ...

Let's stick with the new developments out of Stockholm amid these long- aaited China US trade talks. Joining us now, former under secretary of commerce for international trade, Stefan Salig. Stefan is also the founder of Bridge Park Advisors.Thank you for being here. >> So, how do you see the whole kind of leverage picture play out with China. I mean, is the best case scenario kind of a punting another 90 days.And what do you think the likelihood is that that occurs. >> Uh, close to 100%. And so, what will ...

Economic Outlook - Despite the trade truce, economic numbers appear soft, necessitating a broader perspective [1] - Macro policy improvements in September of last year, along with front-loaded activity in Q1, led to solid data in Q4 of last year and Q1 of this year [2] - The underlying economic momentum is moderating due to trade tariff issues with the US and increasing external uncertainty [2][3] - The baseline expectation is for sequential growth of the Chinese economy to slow from approximately 66% quarter-on-quarter in Q1 to around 35% in Q2, and further to 3% in Q3 [3] - PMI numbers align with expectations of moderating economic momentum [4] Sector Performance - Diverging trends exist across different sectors, with China's exports to the US down 40% in April and May [5] - Sectors receiving policy support, such as training subsidies and equipment upgrades, are performing well [6] - The housing sector continues to be a drag on the economy and has not yet bottomed out [6] - Consumer sentiment outside of policy support areas remains at a historical low [7] Policy Implications - Domestic and consumption support are crucial for policy focus this year [7] - Subsidies for consumer durables and autos have shown some impact, but their effect will fade by year-end [7] - Further policy support, particularly for services consumption, is needed [8]

The S&P 500 edged 0.1% higher on Monday, June 9, as the initiation of talks between the U.S. and China raised optimism around a possible trade truce. https://t.co/uAhhZUwlqG ...