China Pauses Some Measures on US Entities
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China-US trade war truce takes effect
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JPMorgan is walking back its 60% recession prediction for 2025 following the 90-day pause on trade tariffs agreed by China and the US.
SHENZHEN – Even as China and the United States roll back tariffs and other trade salvos amid a 90-day truce, there is one powerful source of leverage that Beijing appears to be retaining: the control of its exports of critical minerals, including rare earths.
Investors will also focus on comments from Federal Reserve Chair Jerome Powell due later in the day, while earnings update from Walmart will give further evidence on the health of the U.S. consumer. UnitedHealth Group dropped 4.
A surprising tariff pause between Beijing and Washington will not help U.S. farmers revive soy sales in China without additional concessions, producers said, because top-supplier Brazil still has a competitive price advantage.
A China-US deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry goods across the Pacific Ocean.
In the wake of a 90-day suspension of most tariffs between the U.S. and China, President Donald Trump stated that he engaged in talks with Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. What Happened: Trump revealed that Cook intends to
China has removed a ban on airlines taking delivery of Boeing planes following a trade truce with the United States, Bloomberg News reported on Tuesday.