US and Chinese officials will hold a second day of trade talks in Spain on Monday as the deadline for the Chinese owner of TikTok to find a buyer or face a ban in America looms. The negotiations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, are the latest attempt to end a trade war …
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Alibaba Is Firing Back as the US-China AI War Heats Up
Key Takeaways Alibaba Group’s cloud computing unit is said to have developed a new chip more advanced than its legacy products, according to a Wall Street Journal report. The news hit markets Friday, with the e-commerce giant’s stock rising as U.S. chip companies’ shares largely fell. Alibaba’s ambitions and emerging AI challengers in Shanghai and Beijing show that China won’t …
Read More »Stocks subdued as inflation fears dampen US-China trade truce optimism – Reuters
Stocks subdued as inflation fears dampen US-China trade truce optimism Reuters Stock market today: Dow, S&P 500, Nasdaq slump with key inflation report on deck Yahoo Finance CPI Report Today: Dow Futures Edge Up Ahead of July Inflation Report; Intel Stock Rallies — Live Updates The Wall Street Journal Markets Steady Ahead of Inflation Data | Gold Slumps, Bonds Gain tastylive US stock futures …
Read More »Asia stocks rise as US-China tariff truce supports sentiment – Reuters
Asia stocks rise as US-China tariff truce supports sentiment Reuters Japan’s Nikkei 225 hits record high as U.S.-China tariff truce extension lifts sentiment CNBC Asia stocks mostly higher as tariff truce supports sentiment Reuters Stocks Rise on Tech, China Tariff Truce Extension: Markets Wrap Bloomberg.com Trading Day: Tariffs, CPI nerves soften sentiment Yahoo Finance Source link
Read More »Trump’s trade tactics stir concerns about US-China relations
WASHINGTON (AP) — China, the adversary. China, the friend? These days, maybe a bit of both. From easing export controls to reportedly blocking the Taiwanese president’s plans to travel through the United States, President Donald Trump is raising eyebrows in Washington that he might offer concessions that could hurt U.S. interests in his quest to meet, and reach a deal …
Read More »US-China talks restart as hopes grow for trade war truce extension
The US and China have started a fresh round of talks as expectations grow that the world’s two biggest economies could agree a 90-day extension to their trade war truce. The meetings in Sweden – led on Washington’s side by Treasury Secretary Scott Bessent and for Beijing by Vice Premier He Lifeng – come hours after US President Donald Trump …
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